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AI-powered Discovery Network for NFTs, Pulsr, Launches $PULSR Token
Pulsr, an AI-powered search engine for NFTs, is launching a new token, $PULSR.
$PULSR token event takes place on Thursday, April 25.
Token will unlock exclusive perks for holders.
Magic Eden, Madlads and other leading NFT marketplaces and communities receiving airdrop.
Pulsr, an AI-powered search engine for NFTs, is launching a new token, $PULSR. The genesis of $PULSR is taking place on Thursday, April 25 at 11.30am EST — and will fuel the project’s ambition to make on-chain assets across the Web3 ecosystem more visible.
Established in 2021, Pulsr says there are huge discovery gaps as platforms struggle to index collectibles across blockchains and mediums.
This ultimately means creators need the time and skill to build communities on separate social networks, newly minted pieces are penalized by algorithms, and audiences struggle to find content they’ll love.
Backed by the likes of Spartan Ventures and Sequoia, Pulsr utilizes artificial intelligence by enhancing the metadata of past and present non-fungible tokens. This allows visual and audio content to be accurately analyzed, labeled and conceptualized into text — unlocking a new era of search engine optimization.
Whereas searches for affordable pixel art, NFTs of penguins or on-chain art inspired by techno would have once yielded little to no results, Pulsr scours the whole of Web3 so users can find exciting collections based on their preferences, rather than relying on word of mouth.
Enthusiasts with art already in their wallet can uncover similar creations, connect with like-minded collectors, and bookmark the NFTs that inspire them.
See Also: Bitcoin Whales Continue Buying, Now Hold 25.16% Of All BTC Supply
Another service offered by Pulsr is NAME — otherwise known as NFT Automated Metadata Enhancement. Here, creators about to mint their collection can opt into having detailed metadata labels generated using AI-enabled computer vision.
Now, key attributes about the artwork will become searchable in marketplaces — covering everything from materials to style, and from colors to shapes.
Pulsr founder Maxine Ryan said:
“Pulsr delivers automated and compounded indexing for non-financial assets on the blockchain for the very first time. Our technology is a crucial step toward increasing the adoption of NFTs. The world of digital art is now multi-chain and multi-medium — and we’ll be supporting talented content creators every step of the way.”
$PULSR: A token with utility
This is where $PULSR comes into play. A portion of tokens have already been allocated to the community — and can be earned by anyone using the NFT search engine, or other services in the ecosystem.
Meanwhile, fees are paid whenever platforms or individuals use Pulsr to boost the visibility or searchability of NFTs — with marketplaces paying a commission if sales are generated from traffic directed from the Pulsr platform. This income is then used to buy back $PULSR and distribute it back to stakers.
Minting partners also need to hold this token in order to access NAME for a period of time — and they’re gradually burned as the contract comes to an end.
Holding $PULSR brings a plethora of exclusive perks — including access to online and IRL events celebrating art, technology and Web3, along with carefully curated merch. It also unlocks the ability to suggest desired features, and vote on proposals. Meanwhile, larger token holders can offer their feedback and insights to Pulsr’s team as they continue to roll out the roadmap.
The foundation features of Pulsr are open to all — but $PULSR holders benefit from premium discovery features that deliver a better experience and more powerful functionality.
Growing interest
Since news of Pulsr’s launch and token event, keen interest from Solana-based communities such as MagicEden, Madlads and more, have rallied in partnerships to crack Web3-wide NFT discovery and bring an even broader range of collections to their audience.
Maxine Ryan from Pulsr added: “Our ecosystem creates a win-win-win situation. Not only do collectors find it easier to uncover pieces of digital art they’ll love and cherish forever, but talented creators can amplify the reach of their pieces like never before.
Pulsr’s aggregator can also drive sales for NFT marketplaces — giving them an irresistible opportunity to reach new customers. A digital renaissance has arrived, and our search engine is designed to create a lasting record of imaginative and thought-provoking works — a library that will grow for years to come.”
About Pulsr
Pulsr is an AI-powered discovery network for NFTs that spans multiple blockchains and touches every corner of the Web3 ecosystem. Its powerful search engine allows users to find on-chain art they’ll love — whether it’s an artwork, video or song. Meanwhile, a cutting-edge system enables creators to generate detailed metadata about their collections, increasing visibility in a world of information overload.
For more information, visit www.pulsr.ai or follow Pulsr on X and Discord.
The post AI-powered Discovery Network For NFTs, Pulsr, Launches $PULSR Token appeared first on BitcoinWorld.
$PULSR token event takes place on Thursday, April 25.
Token will unlock exclusive perks for holders.
Magic Eden, Madlads and other leading NFT marketplaces and communities receiving airdrop.
Pulsr, an AI-powered search engine for NFTs, is launching a new token, $PULSR. The genesis of $PULSR is taking place on Thursday, April 25 at 11.30am EST — and will fuel the project’s ambition to make on-chain assets across the Web3 ecosystem more visible.
Established in 2021, Pulsr says there are huge discovery gaps as platforms struggle to index collectibles across blockchains and mediums.
This ultimately means creators need the time and skill to build communities on separate social networks, newly minted pieces are penalized by algorithms, and audiences struggle to find content they’ll love.
Backed by the likes of Spartan Ventures and Sequoia, Pulsr utilizes artificial intelligence by enhancing the metadata of past and present non-fungible tokens. This allows visual and audio content to be accurately analyzed, labeled and conceptualized into text — unlocking a new era of search engine optimization.
Whereas searches for affordable pixel art, NFTs of penguins or on-chain art inspired by techno would have once yielded little to no results, Pulsr scours the whole of Web3 so users can find exciting collections based on their preferences, rather than relying on word of mouth.
Enthusiasts with art already in their wallet can uncover similar creations, connect with like-minded collectors, and bookmark the NFTs that inspire them.
See Also: Bitcoin Whales Continue Buying, Now Hold 25.16% Of All BTC Supply
Another service offered by Pulsr is NAME — otherwise known as NFT Automated Metadata Enhancement. Here, creators about to mint their collection can opt into having detailed metadata labels generated using AI-enabled computer vision.
Now, key attributes about the artwork will become searchable in marketplaces — covering everything from materials to style, and from colors to shapes.
Pulsr founder Maxine Ryan said:
“Pulsr delivers automated and compounded indexing for non-financial assets on the blockchain for the very first time. Our technology is a crucial step toward increasing the adoption of NFTs. The world of digital art is now multi-chain and multi-medium — and we’ll be supporting talented content creators every step of the way.”
$PULSR: A token with utility
This is where $PULSR comes into play. A portion of tokens have already been allocated to the community — and can be earned by anyone using the NFT search engine, or other services in the ecosystem.
Meanwhile, fees are paid whenever platforms or individuals use Pulsr to boost the visibility or searchability of NFTs — with marketplaces paying a commission if sales are generated from traffic directed from the Pulsr platform. This income is then used to buy back $PULSR and distribute it back to stakers.
Minting partners also need to hold this token in order to access NAME for a period of time — and they’re gradually burned as the contract comes to an end.
Holding $PULSR brings a plethora of exclusive perks — including access to online and IRL events celebrating art, technology and Web3, along with carefully curated merch. It also unlocks the ability to suggest desired features, and vote on proposals. Meanwhile, larger token holders can offer their feedback and insights to Pulsr’s team as they continue to roll out the roadmap.
The foundation features of Pulsr are open to all — but $PULSR holders benefit from premium discovery features that deliver a better experience and more powerful functionality.
Growing interest
Since news of Pulsr’s launch and token event, keen interest from Solana-based communities such as MagicEden, Madlads and more, have rallied in partnerships to crack Web3-wide NFT discovery and bring an even broader range of collections to their audience.
Maxine Ryan from Pulsr added: “Our ecosystem creates a win-win-win situation. Not only do collectors find it easier to uncover pieces of digital art they’ll love and cherish forever, but talented creators can amplify the reach of their pieces like never before.
Pulsr’s aggregator can also drive sales for NFT marketplaces — giving them an irresistible opportunity to reach new customers. A digital renaissance has arrived, and our search engine is designed to create a lasting record of imaginative and thought-provoking works — a library that will grow for years to come.”
About Pulsr
Pulsr is an AI-powered discovery network for NFTs that spans multiple blockchains and touches every corner of the Web3 ecosystem. Its powerful search engine allows users to find on-chain art they’ll love — whether it’s an artwork, video or song. Meanwhile, a cutting-edge system enables creators to generate detailed metadata about their collections, increasing visibility in a world of information overload.
For more information, visit www.pulsr.ai or follow Pulsr on X and Discord.
The post AI-powered Discovery Network For NFTs, Pulsr, Launches $PULSR Token appeared first on BitcoinWorld.
Bitcoin Halving May Cost Miners Billions, Render Rival Poised for Strong Market Performance
The Bitcoin halving, which has occurred fairly recently, has changed the cryptocurrency field, reducing the reward for mining transactions by 50%. This event, involving cutting down the Bitcoin supply and potentially increasing its value, resulting from less Bitcoin available on the market, has the biggest impact on Bitcoin miners. On the contrary, new Defi cryptocurrencies such as $ROE (Borroe Finance) are becoming even stronger, ready for unlimited growth on the back of the evolving market trends and dynamics.
>>BUY $ROE TOKENS NOW<<
Challenges Faced by Bitcoin Miners
A Bitcoin halving, which occurs about once in four years, by cutting the mining reward in half has a serious impact on the profitability of mining activities.
In the recent halving that occurred on April 19, 2024, the reward has decreased from 6.25 to 3.125 Bitcoins per block. In a nutshell, the cutting of potential industry earnings by half represents a major problem for mining companies, which might force larger players to consolidate or small to exit the business, respectively.
Big mining organizations that have significant computational power might continue to mine even at the lowered rewards that might increase their output share in the total mining output.
The halving itself does not result in an immediate rise in Bitcoin’s price, but usually, after a few months, there is an uptrend in BTC’s quote. For example, during the halving of 2012, 2016 and 2020, the Bitcoin prices went up to 93x, 30x and 8x accordingly.
In spite of a prospect of growing costs and increased demand after a given halving not all participants of the Bitcoin market are equal. Mining companies, however, experience a financial dilemma as their stimulus for transaction validation gets reduced in the long run. Those operations that are high in energy costs might become nonviable and remain shut down.
The halving event is also attracting non-professionals, creating the environment for further unpredictability of the market and higher risk. However, Bitcoin still goes through some issues that include the fact that its environmental impact is negative, its association with illegality, and the criticism about its real value. These causes of debates include the long-term sustainability and the viability of Bitcoin as an investment.
Presently, Bitcoin (BTC) is trading at $64,730 with a crypto market cap exceeding $1 trillion.
Borroe Finance ($ROE) Thrives in the New Crypto Economy
Established in the innovative space of AI-driven Web3 fundraising, Borroe Finance ($ROE) creates a passive income for its customers through different financial infrastructures. This solution permits vendors to sell future earnings from subscriptions, royalties, and invoices to the platform’s supportive community.
Investors have already been enjoying substantial returns as the token Borroe Finance ($ROE) hits a bull run. Presently in the final stage of the presale, $ROE tokens are $0.02 each, with the estimated market price of listing at $0.025 on top cryptocurrency exchanges after launch.
Presently, Borroe Finance ($ROE) has successfully raised over $3.9 million, with 66% of the project’s offerings already purchased.
The $ROE coin is designed as a deflationary currency where long-term Hodling increases the appreciation of the asset in value. Borroe Finance ($ROE) maintains and leads the Web3 ethos, featuring a revenue distribution system between authors and consumers that the internet of the future will embrace, paving the way for an evolutionary leap.
Borroe Finance distinguishes itself as an innovator offering solutions that are much needed for the evolving financial systems, which are positively controlled by digital technology. When raising funds, companies can use the Borroe Finance protocol to tokenize their invoices, which are then sold at a discounted rate.
The Borroe Finance ($ROE) platform utilizes AI for risk assessment, blockchain technology for security and speedy payment solutions to provide an efficient way of fundraising. Peer-to-peer trading of an undervalued NFT on secondary markets is possible as a result of the network structure. Therefore, the system becomes more efficient and flexible overall.
Under the management from Web3 and fintech industry masters Maxim Prishchepo and Michael Price, Borroe Finance ($ROE) presents a great example of leadership and innovation. The project is also made legitimate by the compliance certificate from BlockAudit and the publicly verifiable contract address that makes it more secure and transparent.
Learn more about Borroe Finance ($ROE) here:
Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
The post Bitcoin Halving May Cost Miners Billions, Render Rival Poised For Strong Market Performance appeared first on BitcoinWorld.
>>BUY $ROE TOKENS NOW<<
Challenges Faced by Bitcoin Miners
A Bitcoin halving, which occurs about once in four years, by cutting the mining reward in half has a serious impact on the profitability of mining activities.
In the recent halving that occurred on April 19, 2024, the reward has decreased from 6.25 to 3.125 Bitcoins per block. In a nutshell, the cutting of potential industry earnings by half represents a major problem for mining companies, which might force larger players to consolidate or small to exit the business, respectively.
Big mining organizations that have significant computational power might continue to mine even at the lowered rewards that might increase their output share in the total mining output.
The halving itself does not result in an immediate rise in Bitcoin’s price, but usually, after a few months, there is an uptrend in BTC’s quote. For example, during the halving of 2012, 2016 and 2020, the Bitcoin prices went up to 93x, 30x and 8x accordingly.
In spite of a prospect of growing costs and increased demand after a given halving not all participants of the Bitcoin market are equal. Mining companies, however, experience a financial dilemma as their stimulus for transaction validation gets reduced in the long run. Those operations that are high in energy costs might become nonviable and remain shut down.
The halving event is also attracting non-professionals, creating the environment for further unpredictability of the market and higher risk. However, Bitcoin still goes through some issues that include the fact that its environmental impact is negative, its association with illegality, and the criticism about its real value. These causes of debates include the long-term sustainability and the viability of Bitcoin as an investment.
Presently, Bitcoin (BTC) is trading at $64,730 with a crypto market cap exceeding $1 trillion.
Borroe Finance ($ROE) Thrives in the New Crypto Economy
Established in the innovative space of AI-driven Web3 fundraising, Borroe Finance ($ROE) creates a passive income for its customers through different financial infrastructures. This solution permits vendors to sell future earnings from subscriptions, royalties, and invoices to the platform’s supportive community.
Investors have already been enjoying substantial returns as the token Borroe Finance ($ROE) hits a bull run. Presently in the final stage of the presale, $ROE tokens are $0.02 each, with the estimated market price of listing at $0.025 on top cryptocurrency exchanges after launch.
Presently, Borroe Finance ($ROE) has successfully raised over $3.9 million, with 66% of the project’s offerings already purchased.
The $ROE coin is designed as a deflationary currency where long-term Hodling increases the appreciation of the asset in value. Borroe Finance ($ROE) maintains and leads the Web3 ethos, featuring a revenue distribution system between authors and consumers that the internet of the future will embrace, paving the way for an evolutionary leap.
Borroe Finance distinguishes itself as an innovator offering solutions that are much needed for the evolving financial systems, which are positively controlled by digital technology. When raising funds, companies can use the Borroe Finance protocol to tokenize their invoices, which are then sold at a discounted rate.
The Borroe Finance ($ROE) platform utilizes AI for risk assessment, blockchain technology for security and speedy payment solutions to provide an efficient way of fundraising. Peer-to-peer trading of an undervalued NFT on secondary markets is possible as a result of the network structure. Therefore, the system becomes more efficient and flexible overall.
Under the management from Web3 and fintech industry masters Maxim Prishchepo and Michael Price, Borroe Finance ($ROE) presents a great example of leadership and innovation. The project is also made legitimate by the compliance certificate from BlockAudit and the publicly verifiable contract address that makes it more secure and transparent.
Learn more about Borroe Finance ($ROE) here:
Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
The post Bitcoin Halving May Cost Miners Billions, Render Rival Poised For Strong Market Performance appeared first on BitcoinWorld.
Tether Launched USDT and XAUT on TON Network; Milei Moneda Presale Investors Expect 25x Gains on ...
TLDR
Tether launches USDT and XAUT on TON for borderless payments, expanding to 15 blockchains and surpassing a $100B market cap.
Milei Moneda ($MEDA) presale offers $0.0125 tokens, expecting a 25x surge post-launch on Uniswap.
In recent weeks, the crypto market has seen several events shake up its status quo. Two of these major developments involved leading stablecoin issuer Tether and the new DeFi meme coin Milei Moneda. Both projects have created significant buzz in the market, with Tether taking the lead in strategic partnerships and $MEDA in price momentum. Let’s explore the full details of these optimistic trends!
Economize Like Milei: Invest in $MEDA!
Tether Embraces TON: USDT and XAUT Launched for Borderless Payments
On April 19, Tether shook the crypto space with the launch of its flagship products, USDT and XAUT, on The Open Network (TON). This expansion marks Tether’s presence on over a dozen blockchains, signalling a strategic push towards a more inclusive and interconnected financial ecosystem.
The integration of USDT and XAUT on TON opens up a lot of possibilities, offering users a seamless experience for peer-to-peer payments and facilitating frictionless value transfers within the network and beyond. With Telegram’s extensive user base of 900 million, this move promises to foster a borderless financial environment, echoing Tether CEO Paolo Ardoino’s enthusiasm for TON’s vision of an open and decentralized internet.
With this integration, USDT is now live on 15 blockchains, including Ethereum, Tron, EOS, Algorand, and others. This milestone has boosted Tether’s crypto market cap above $100 billion, reflecting its growing adoption in the stablecoin market.
This integration has positioned Tether as a multifaceted player in the evolving crypto ecosystem. As the company continues to forge new partnerships and explore innovative solutions, its role as a catalyst for financial inclusion and innovation remains paramount.
From Presale to Prosperity: $MEDA Investors Brace for 25x Gains
As excitement mounts with Tether’s expansion, another notable project is capturing the attention of investors worldwide. Milei Moneda, renowned for its blend of humor, politics, and blockchain technology, is generating significant buzz as analysts predict substantial gains post-launch on Uniswap.
Investors are eagerly eyeing Milei Moneda’s upcoming launch scheduled for May 21, anticipating a remarkable 25x pump in the altcoin price post-launch. The project’s unique approach, combining memes with digital currency trading for political change, has resonated strongly with the crypto community.
Currently, in Stage 2 of its presale, Milei Moneda is offering tokens at an attractive price of $0.0125, a tempting entry point for investors seeking early positions. As the presale progresses, the DeFi coin price is expected to rise, further fueling investor interest.
Upon the completion of the presale, Milei Moneda is set to officially launch on Uniswap with a DeFi coin price of $0.020, promising presale participants a substantial 60% return on their investment. With these promising outlooks before and after its launch, coupled with the project’s innovative use of memes and dedication to political activism through blockchain technology, $MEDA ranks high on the DeFi crypto list of altcoins to invest in now!
Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!
The post Tether Launched USDT and XAUT on TON Network; Milei Moneda Presale Investors Expect 25x Gains on $MEDA Token appeared first on BitcoinWorld.
Tether launches USDT and XAUT on TON for borderless payments, expanding to 15 blockchains and surpassing a $100B market cap.
Milei Moneda ($MEDA) presale offers $0.0125 tokens, expecting a 25x surge post-launch on Uniswap.
In recent weeks, the crypto market has seen several events shake up its status quo. Two of these major developments involved leading stablecoin issuer Tether and the new DeFi meme coin Milei Moneda. Both projects have created significant buzz in the market, with Tether taking the lead in strategic partnerships and $MEDA in price momentum. Let’s explore the full details of these optimistic trends!
Economize Like Milei: Invest in $MEDA!
Tether Embraces TON: USDT and XAUT Launched for Borderless Payments
On April 19, Tether shook the crypto space with the launch of its flagship products, USDT and XAUT, on The Open Network (TON). This expansion marks Tether’s presence on over a dozen blockchains, signalling a strategic push towards a more inclusive and interconnected financial ecosystem.
The integration of USDT and XAUT on TON opens up a lot of possibilities, offering users a seamless experience for peer-to-peer payments and facilitating frictionless value transfers within the network and beyond. With Telegram’s extensive user base of 900 million, this move promises to foster a borderless financial environment, echoing Tether CEO Paolo Ardoino’s enthusiasm for TON’s vision of an open and decentralized internet.
With this integration, USDT is now live on 15 blockchains, including Ethereum, Tron, EOS, Algorand, and others. This milestone has boosted Tether’s crypto market cap above $100 billion, reflecting its growing adoption in the stablecoin market.
This integration has positioned Tether as a multifaceted player in the evolving crypto ecosystem. As the company continues to forge new partnerships and explore innovative solutions, its role as a catalyst for financial inclusion and innovation remains paramount.
From Presale to Prosperity: $MEDA Investors Brace for 25x Gains
As excitement mounts with Tether’s expansion, another notable project is capturing the attention of investors worldwide. Milei Moneda, renowned for its blend of humor, politics, and blockchain technology, is generating significant buzz as analysts predict substantial gains post-launch on Uniswap.
Investors are eagerly eyeing Milei Moneda’s upcoming launch scheduled for May 21, anticipating a remarkable 25x pump in the altcoin price post-launch. The project’s unique approach, combining memes with digital currency trading for political change, has resonated strongly with the crypto community.
Currently, in Stage 2 of its presale, Milei Moneda is offering tokens at an attractive price of $0.0125, a tempting entry point for investors seeking early positions. As the presale progresses, the DeFi coin price is expected to rise, further fueling investor interest.
Upon the completion of the presale, Milei Moneda is set to officially launch on Uniswap with a DeFi coin price of $0.020, promising presale participants a substantial 60% return on their investment. With these promising outlooks before and after its launch, coupled with the project’s innovative use of memes and dedication to political activism through blockchain technology, $MEDA ranks high on the DeFi crypto list of altcoins to invest in now!
Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!
The post Tether Launched USDT and XAUT on TON Network; Milei Moneda Presale Investors Expect 25x Gains on $MEDA Token appeared first on BitcoinWorld.
Kadena Announces Annelise Osborne As Chief Business Officer
New York, New York, April 25th, 2024, Chainwire
Kadena, the only scalable Layer-1 Proof-of-Work blockchain, expands its leadership team by onboarding Annelise Osborne as Kadena’s new Chief Business Officer (CBO). With an illustrious career spanning over 20 years in finance, credit, real estate, and digital assets, Annelise will be responsible for developing and leading new business initiatives and partnerships across Web3 and beyond.
At Kadena, Annelise’s role as Chief Business Officer is not just a new addition to the team but a strategic move to further propel Kadena’s growth within Web3 ecosystems and adoption with institutional opportunities. Her wealth of institutional experience will be instrumental in shaping Kadena’s future.
Osborne’s appointment is a testament to her exceptional leadership abilities and strategic acumen, honed during her tenure at Moody’s, where she spent 12 years, and her previous position as COO of Propellr. Her wealth of experience brings a unique perspective to Kadena, instilling confidence in her ability to drive the company’s growth and success.
Before joining Kadena, Annelise was the Head of Institutional with Arca Labs. She successfully led the team’s work with companies to drive blockchain innovation across strategic partnerships and advisory services.
“We are thrilled to welcome Annelise Osborne as Kadena’s Chief Business Officer. Her extensive leadership experience, years of university-level lectures, and deep involvement in both blockchain and traditional markets position her to bring continued excellence to Kadena’s business operations,” expressed Stuart Popejoy, Kadena’s CEO and Founder.
“As institutions search for secure and scalable blockchains to build regulated digital assets, I’m elated to join Kadena to offer the necessary technology at such a pivotal moment in time as Wall Street embraces the next frontier of finance,” said Annelise Osborne.
Annelise’s extensive experience in financial services is complemented by her upcoming book, “From Hoodies to Suits: Innovating Digital Assets for Traditional Finance” (Wiley Publishing), set to be released this summer. This book, which delves into the intersection of digital assets and traditional finance, is a testament to her thought leadership and her ability to anticipate and navigate industry trends.
About Kadena
Kadena is a blockchain technology company that was founded in 2017 by Stuart Popejoy and Will Martino, who created JP Morgan’s first blockchain and led the SEC’s Crypto Committee. Kadena is the industry’s only scalable layer-1 Proof of Work (PoW) blockchain. This scalability enables Kadena to deliver infrastructure-grade performance for any blockchain project. Along with our own smart contract language Pact, Kadena’s platform provides the world with the tools and environment to turn ideas and ambitions into reality. Kadena aims to allow for true blockchain mass adoption.
Contact
Kadena PressKadenapress@kadena.io
The post Kadena Announces Annelise Osborne as Chief Business Officer appeared first on BitcoinWorld.
Kadena, the only scalable Layer-1 Proof-of-Work blockchain, expands its leadership team by onboarding Annelise Osborne as Kadena’s new Chief Business Officer (CBO). With an illustrious career spanning over 20 years in finance, credit, real estate, and digital assets, Annelise will be responsible for developing and leading new business initiatives and partnerships across Web3 and beyond.
At Kadena, Annelise’s role as Chief Business Officer is not just a new addition to the team but a strategic move to further propel Kadena’s growth within Web3 ecosystems and adoption with institutional opportunities. Her wealth of institutional experience will be instrumental in shaping Kadena’s future.
Osborne’s appointment is a testament to her exceptional leadership abilities and strategic acumen, honed during her tenure at Moody’s, where she spent 12 years, and her previous position as COO of Propellr. Her wealth of experience brings a unique perspective to Kadena, instilling confidence in her ability to drive the company’s growth and success.
Before joining Kadena, Annelise was the Head of Institutional with Arca Labs. She successfully led the team’s work with companies to drive blockchain innovation across strategic partnerships and advisory services.
“We are thrilled to welcome Annelise Osborne as Kadena’s Chief Business Officer. Her extensive leadership experience, years of university-level lectures, and deep involvement in both blockchain and traditional markets position her to bring continued excellence to Kadena’s business operations,” expressed Stuart Popejoy, Kadena’s CEO and Founder.
“As institutions search for secure and scalable blockchains to build regulated digital assets, I’m elated to join Kadena to offer the necessary technology at such a pivotal moment in time as Wall Street embraces the next frontier of finance,” said Annelise Osborne.
Annelise’s extensive experience in financial services is complemented by her upcoming book, “From Hoodies to Suits: Innovating Digital Assets for Traditional Finance” (Wiley Publishing), set to be released this summer. This book, which delves into the intersection of digital assets and traditional finance, is a testament to her thought leadership and her ability to anticipate and navigate industry trends.
About Kadena
Kadena is a blockchain technology company that was founded in 2017 by Stuart Popejoy and Will Martino, who created JP Morgan’s first blockchain and led the SEC’s Crypto Committee. Kadena is the industry’s only scalable layer-1 Proof of Work (PoW) blockchain. This scalability enables Kadena to deliver infrastructure-grade performance for any blockchain project. Along with our own smart contract language Pact, Kadena’s platform provides the world with the tools and environment to turn ideas and ambitions into reality. Kadena aims to allow for true blockchain mass adoption.
Contact
Kadena PressKadenapress@kadena.io
The post Kadena Announces Annelise Osborne as Chief Business Officer appeared first on BitcoinWorld.
Whales Are Accumulating Filecoin, Rebel Satoshi Arcade, and Injective for Top Gains in Q2 2024
TLDR:
Analyst forecasts show that Filecoin will rise to $15 in Q2 2024.
Whales have begun to accumulate Injective after plans to lower its circulating supply were announced.
The decentralized gaming platform of Rebel Satoshi Arcade and its potential 150% rise have caught the attention of whales.
According to the latest data in the crypto market, whale investors have been doubling down on three top crypto coins — Filecoin, Rebel Satoshi Arcade, and Injective. Keep reading this article to see why whales are bullish about these alt coins.
Rebel Satoshi Arcade (RECQ) Catches Whale Attention
In addition to Filecoin and Injective, whales are also showing high interest in Rebel Satoshi Arcade ($RECQ) native token, $RECQ. The DeFi token is one of the gaming tokens that have conquered the negative sentiment in the crypto market. Its unique blend of gaming and memecoin features positions it as a top contender for investment.
By tapping into the rising trend of play to earn games, the platform offers classic gaming experiences with different rewards. Gaming assets, exclusive game access, and top NFTs are what the players stand to win. Powered by a dual-token system, $RBLZ and $RECQ, the Rebel Satoshi Arcade is one of the fastest-growing gaming projects.
Owning $RECQ tokens allows its holder to play a large selection of arcade games, access NFTs, get rewards, and socialize with other gamers. Currently, $RECQ is at the first stage of its presale and has already sold over 382 million tokens. It is priced at $0.0037 with the possibility of reaching $0.0044 at stage two. Whales are capitalizing on this low price to buy more tokens before the price goes up.
Filecoin (FIL): Analysts Forecast Price Surge To
Whales have been paying attention to Filecoin (FIL), which is one of the top 30 cryptos in the market, in the last couple of weeks. Many partnerships and bullish price movements have been a big draw to whale investors. The Filecoin price rose from a one-year low of $2.88 to a high of $11.81, as per CoinMarketCap.
Year-over-year, FIL has recorded a 4x growth, thus making Filecoin one of the top altcoins to watch in Q2. The price of Filecoin recently crossed $7.86, and it has been forecasted to hit $15 in the coming months.
Whales Show Interest in Injective (INJ) Due To Its New Initiative
Injective (INJ), one of the top AI altcoins, has been on the radar of whales since its meteoric rise of over 1,000% last year. Although the Injective coin price decreased in 2024, the opinion of analysts and whales remains bullish concerning the project.
Additionally, the Injective team is currently voting on a new proposal to decrease the circulating supply of INJ. This decrease could cause scarcity, and the price of Injective tokens could rise, making it a top crypto to buy among whales and potential investors.
In Summary
The recent development around these top altcoins – Filecoin, Rebel Satoshi Arcade, and Injective account for the large interest from whales. With the Bitcoin halving set to spark a price surge for the crypto market, these three altcoins represent very attractive investment opportunities.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.
The post Whales Are Accumulating Filecoin, Rebel Satoshi Arcade, and Injective for Top Gains in Q2 2024 appeared first on BitcoinWorld.
Analyst forecasts show that Filecoin will rise to $15 in Q2 2024.
Whales have begun to accumulate Injective after plans to lower its circulating supply were announced.
The decentralized gaming platform of Rebel Satoshi Arcade and its potential 150% rise have caught the attention of whales.
According to the latest data in the crypto market, whale investors have been doubling down on three top crypto coins — Filecoin, Rebel Satoshi Arcade, and Injective. Keep reading this article to see why whales are bullish about these alt coins.
Rebel Satoshi Arcade (RECQ) Catches Whale Attention
In addition to Filecoin and Injective, whales are also showing high interest in Rebel Satoshi Arcade ($RECQ) native token, $RECQ. The DeFi token is one of the gaming tokens that have conquered the negative sentiment in the crypto market. Its unique blend of gaming and memecoin features positions it as a top contender for investment.
By tapping into the rising trend of play to earn games, the platform offers classic gaming experiences with different rewards. Gaming assets, exclusive game access, and top NFTs are what the players stand to win. Powered by a dual-token system, $RBLZ and $RECQ, the Rebel Satoshi Arcade is one of the fastest-growing gaming projects.
Owning $RECQ tokens allows its holder to play a large selection of arcade games, access NFTs, get rewards, and socialize with other gamers. Currently, $RECQ is at the first stage of its presale and has already sold over 382 million tokens. It is priced at $0.0037 with the possibility of reaching $0.0044 at stage two. Whales are capitalizing on this low price to buy more tokens before the price goes up.
Filecoin (FIL): Analysts Forecast Price Surge To
Whales have been paying attention to Filecoin (FIL), which is one of the top 30 cryptos in the market, in the last couple of weeks. Many partnerships and bullish price movements have been a big draw to whale investors. The Filecoin price rose from a one-year low of $2.88 to a high of $11.81, as per CoinMarketCap.
Year-over-year, FIL has recorded a 4x growth, thus making Filecoin one of the top altcoins to watch in Q2. The price of Filecoin recently crossed $7.86, and it has been forecasted to hit $15 in the coming months.
Whales Show Interest in Injective (INJ) Due To Its New Initiative
Injective (INJ), one of the top AI altcoins, has been on the radar of whales since its meteoric rise of over 1,000% last year. Although the Injective coin price decreased in 2024, the opinion of analysts and whales remains bullish concerning the project.
Additionally, the Injective team is currently voting on a new proposal to decrease the circulating supply of INJ. This decrease could cause scarcity, and the price of Injective tokens could rise, making it a top crypto to buy among whales and potential investors.
In Summary
The recent development around these top altcoins – Filecoin, Rebel Satoshi Arcade, and Injective account for the large interest from whales. With the Bitcoin halving set to spark a price surge for the crypto market, these three altcoins represent very attractive investment opportunities.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.
The post Whales Are Accumulating Filecoin, Rebel Satoshi Arcade, and Injective for Top Gains in Q2 2024 appeared first on BitcoinWorld.
🚀 Ready to Moon? Top 5 Cryptos With 1500% Potential
Cryptocurrency markets offer a playground for growth, with some coins poised to experience significant jumps. As the bull run of 2024 takes off, investors are keeping an eye out for opportunities that could yield soaring returns. Within the dynamic world of crypto, certain tokens stand out with the potential to surge by unprecedented margins. The following analysis highlights five cryptocurrencies that analysts believe could see a 1500% increase in value. This selection could be crucial for readers looking to make informed investment choices in an ever-evolving market.
CYBRO Presale: Meet the First-Ever Earn Marketplace on Blast
CYBRO introduces a unified marketplace for consistent crypto earnings, utilizing the Blast blockchain’s innovation. Launching in Q2 2024, the platform invites early investors to its presale for favorable entry terms.
From now on, CYBRO offers its native tokens at attractive prices, starting from just $0.020 apiece, an astounding 66% discount. Token holders will gain preferential access to marketplace services and various bonuses for an enhanced earning experience.
CYBRO will equip users with tools for increased income generation, such as staking, leverage farming, and lending. Enhancing Blast’s competitive interest rates, CYBRO will initially focus on high-yield staking, bolstered by state-of-the-art crypto-fiat and self-custody options.
Beyond staking, CYBRO tokens will enable an exclusive Airdrop, marketplace cashback, reduced trading and lending fees, and the in-house insurance program.
This robust functionality positions CYBRO for potential value growth just after the TGE in Q3 2024, significantly benefiting presale investors.
>>CYBRO Presale Is NOW Live<<
Avalanche Recent Performance and Future Price Outlook
Avalanche (AVAX) is currently trading between $33.17 and $39.94. In the past week, it has gone up by 4.95%. When looking at the past month, however, it has dropped by 38.99%. Over the last six months, AVAX has seen a significant increase of 232.62%. Right now, the movements seem to be mixed, with short-term increases and a recent larger drop, suggesting a corrective phase.
With AVAX between recent lows and highs, its path ahead can go different ways. The RSI at 27.91 indicates that it might be underbought; this sometimes suggests a price increase could come. However, the negative MACD level shows there’s been a downward momentum lately. The coin could bounce towards $42.74 or even $49.51 if the market turns positive. But if it drops, it might find support near $29.19 or fall to the lower level of $22.42.
Pyth Network Price Outlook and Prediction
PYTH is trading in the $0.57-$0.72 range with changes over time. In one week, price went up 2.72%. In one month, it fell almost 38%. But over six months, it’s up almost 57%. PYTH’s moves right now are quiet, showing neither strong jumps nor falls. It’s closer to the low end of its range, with the RSI and Stochastic low, which often means it might get stronger soon.
Predicting PYTH’s future price, it could go up since it’s already down a lot this month, and these lows often turn around. The first big challenge is the $0.79 resistance. If it breaks through, it could try for $0.94. But if it falls, it might hit $0.48 or even drop to $0.33. The market’s mood and PYTH’s news will steer its path.
Polkadot’s Current Price Movements and Forecast
Polkadot has seen some changes, up nearly 4% this past week. Over a month, it’s down almost 30%, but looking back 6 months, it’s gained around 66%. Currently, it is fluctuating between $6.52 and $7.52. The price movements show a mix, possibly hinting at a settling phase after earlier shifts.
For Polkadot, the future seems a mix of highs and lows. Resistance stands at $7.90 and $8.90, with support at $5.90 and $4.90. The low figures on RSI and Stochastic suggest DOT isn’t bought too much right now, which can mean a price rise if buyers step in. But with the MACD negative, some caution as the price could dip before it climbs again.
BONK Current Price Fluctuations and Future Insights
The price of Bonk has seen major changes. Over six months, it leaped by 4474.12%, drawing a lot of attention. Just last week, it went up by 74.46%. But if you look at the past month, it’s down 3.76%. Right now, the price moves between $0.0000153 and $0.0000243, showing steps up and down but not too extreme.
Looking ahead for Bonk, there are two ways it could go. It’s possible that interest will keep growing, and the price could head towards the next wall it’ll hit, at $0.0000277. But caution is key because BONK could bounce back, with a strong floor at $0.0000098 holding it up. Fresh updates and market feelings will guide where it heads next.
Conclusion
Cryptocurrencies like AVAX, PYTH, DOT, and BONK might not shoot up in value right away. They could grow, but slowly. CYBRO stands out as a new project about to start. People can buy CYBRO tokens early, which might be good for those who get in before everyone else. The project uses the Blast blockchain to help people make money. CYBRO is planning to launch soon, so there’s a chance to buy before it officially starts.
Site: https://cybro.io
Twitter: https://twitter.com/Cybro_io
Discord: https://discord.gg/xFMGDQPhrB
Telegram: https://t.me/cybro_io
The post 🚀 Ready to Moon? Top 5 Cryptos with 1500% Potential appeared first on BitcoinWorld.
CYBRO Presale: Meet the First-Ever Earn Marketplace on Blast
CYBRO introduces a unified marketplace for consistent crypto earnings, utilizing the Blast blockchain’s innovation. Launching in Q2 2024, the platform invites early investors to its presale for favorable entry terms.
From now on, CYBRO offers its native tokens at attractive prices, starting from just $0.020 apiece, an astounding 66% discount. Token holders will gain preferential access to marketplace services and various bonuses for an enhanced earning experience.
CYBRO will equip users with tools for increased income generation, such as staking, leverage farming, and lending. Enhancing Blast’s competitive interest rates, CYBRO will initially focus on high-yield staking, bolstered by state-of-the-art crypto-fiat and self-custody options.
Beyond staking, CYBRO tokens will enable an exclusive Airdrop, marketplace cashback, reduced trading and lending fees, and the in-house insurance program.
This robust functionality positions CYBRO for potential value growth just after the TGE in Q3 2024, significantly benefiting presale investors.
>>CYBRO Presale Is NOW Live<<
Avalanche Recent Performance and Future Price Outlook
Avalanche (AVAX) is currently trading between $33.17 and $39.94. In the past week, it has gone up by 4.95%. When looking at the past month, however, it has dropped by 38.99%. Over the last six months, AVAX has seen a significant increase of 232.62%. Right now, the movements seem to be mixed, with short-term increases and a recent larger drop, suggesting a corrective phase.
With AVAX between recent lows and highs, its path ahead can go different ways. The RSI at 27.91 indicates that it might be underbought; this sometimes suggests a price increase could come. However, the negative MACD level shows there’s been a downward momentum lately. The coin could bounce towards $42.74 or even $49.51 if the market turns positive. But if it drops, it might find support near $29.19 or fall to the lower level of $22.42.
Pyth Network Price Outlook and Prediction
PYTH is trading in the $0.57-$0.72 range with changes over time. In one week, price went up 2.72%. In one month, it fell almost 38%. But over six months, it’s up almost 57%. PYTH’s moves right now are quiet, showing neither strong jumps nor falls. It’s closer to the low end of its range, with the RSI and Stochastic low, which often means it might get stronger soon.
Predicting PYTH’s future price, it could go up since it’s already down a lot this month, and these lows often turn around. The first big challenge is the $0.79 resistance. If it breaks through, it could try for $0.94. But if it falls, it might hit $0.48 or even drop to $0.33. The market’s mood and PYTH’s news will steer its path.
Polkadot’s Current Price Movements and Forecast
Polkadot has seen some changes, up nearly 4% this past week. Over a month, it’s down almost 30%, but looking back 6 months, it’s gained around 66%. Currently, it is fluctuating between $6.52 and $7.52. The price movements show a mix, possibly hinting at a settling phase after earlier shifts.
For Polkadot, the future seems a mix of highs and lows. Resistance stands at $7.90 and $8.90, with support at $5.90 and $4.90. The low figures on RSI and Stochastic suggest DOT isn’t bought too much right now, which can mean a price rise if buyers step in. But with the MACD negative, some caution as the price could dip before it climbs again.
BONK Current Price Fluctuations and Future Insights
The price of Bonk has seen major changes. Over six months, it leaped by 4474.12%, drawing a lot of attention. Just last week, it went up by 74.46%. But if you look at the past month, it’s down 3.76%. Right now, the price moves between $0.0000153 and $0.0000243, showing steps up and down but not too extreme.
Looking ahead for Bonk, there are two ways it could go. It’s possible that interest will keep growing, and the price could head towards the next wall it’ll hit, at $0.0000277. But caution is key because BONK could bounce back, with a strong floor at $0.0000098 holding it up. Fresh updates and market feelings will guide where it heads next.
Conclusion
Cryptocurrencies like AVAX, PYTH, DOT, and BONK might not shoot up in value right away. They could grow, but slowly. CYBRO stands out as a new project about to start. People can buy CYBRO tokens early, which might be good for those who get in before everyone else. The project uses the Blast blockchain to help people make money. CYBRO is planning to launch soon, so there’s a chance to buy before it officially starts.
Site: https://cybro.io
Twitter: https://twitter.com/Cybro_io
Discord: https://discord.gg/xFMGDQPhrB
Telegram: https://t.me/cybro_io
The post 🚀 Ready to Moon? Top 5 Cryptos with 1500% Potential appeared first on BitcoinWorld.
TOKEN2049 Dubai Hailed As an Outstanding Success, With 10,000 Attendees
Packed TOKEN2049 Dubai conference proves the resilience of the global crypto community, with attendees overcoming travel disruptions to participate
Going from strength to strength, TOKEN2049 Singapore will return in September 2024 as the industry’s largest international gathering of the year, with 20,000 attendees
Dubai, UAE — April 23, 2024 — TOKEN2049, the premier crypto event, saw record-breaking success for its inaugural Dubai conference, which took place from April 18-19, during TOKEN2049 Week.
Throughout the event, attendees experienced an impressive range of panel discussions, keynotes, workshops, and exclusive networking opportunities, overcoming torrential rain to show up in force. Tickets for TOKEN2049 Dubai sold out nearly three weeks prior to the event, with 10,000 attendees expected. Despite the UAE’s heaviest rainfall in 75 years, the conference opened to a full-house.
Alex Fiskum, Co-Founder of TOKEN2049 said: “This week we witnessed the determination of the crypto industry first hand. Our team worked around the clock to ensure that the conference proceeded without any disruptions, maintaining the highest standards of hospitality for our attendees. Our programme proceeded and our doors opened as planned, welcoming attendees to a comfortable, immersive, and action-packed event. We are immensely proud of everyone who contributed to making TOKEN2049 Dubai an overwhelming success.”
TOKEN2049 Dubai was host to 90% international attendees hailing from over 160 countries worldwide. The global crypto community came out in full strength to participate, showcasing the growing reputation of Dubai as a hub for crypto innovation. The global representation also cemented TOKEN2049 as the marquee industry event in the crypto calendar, not to be missed.
Travel disruptions early in the week saw large numbers of speakers and attendees diverted across the Middle East, all of whom surmounted significant obstacles to attend and participate at TOKEN2049 Dubai. Amongst the 200+ leading industry voices who took to the stage to share their insights, discuss the most prevalent topics in Web3, and unveil exciting news announcements were Pavel Durov, the visionary CEO of Telegram; Richard Teng, CEO of Binance; Paolo Ardoino, CEO of Tether; and Arthur Hayes, Co-Founder of BitMEX.
Some standouts include a joint announcement onstage by Tether and Telegram that USDT will launch on The Open Network (TON) and Telegram wallet; Polkadot’s Gavin Wood introduced a new JAM chain graypaper; Berachain announced a collaboration with Google Cloud; and Telos unveiled a partnership with Ponos Technology to develop a hardware-accelerated Ethereum L2 zkEVM network, amongst many more ground-breaking announcements.
Fiskum continued: “We have received overwhelmingly positive feedback from all participants across TOKEN2049 Dubai. Energized by this success, we now shift focus to prepare for the industry’s largest event of the year — TOKEN2049 Singapore, taking place on September 18-19 before the Formula 1 Grand Prix weekend. TOKEN2049 Singapore will welcome 20,000 attendees to the iconic Marina Bay Sands, continuing to set new standards for the industry.”
TOKEN2049 Dubai will return in 2025, promising an even more immersive experience for prolific industry leaders, Web3 builders, global entrepreneurs, and tens of thousands of crypto enthusiasts.
TOKEN2049 is hosted annually in Dubai and Singapore. For more information and updates on TOKEN2049, please visit: https://www.token2049.com.
###
About TOKEN2049
TOKEN2049 is a global conference series, where decision-makers in the global crypto ecosystem connect to exchange ideas, network, and shape the industry. TOKEN2049 is a global meeting place for entrepreneurs, institutions, industry insiders, investors, builders, and those with a strong interest in the crypto and Web3 industry. TOKEN2049 is hosted annually in Dubai and Singapore.
Media Contact
E: token2049dxb@wachsman.com
The post TOKEN2049 Dubai Hailed as an Outstanding Success, with 10,000 Attendees appeared first on BitcoinWorld.
Going from strength to strength, TOKEN2049 Singapore will return in September 2024 as the industry’s largest international gathering of the year, with 20,000 attendees
Dubai, UAE — April 23, 2024 — TOKEN2049, the premier crypto event, saw record-breaking success for its inaugural Dubai conference, which took place from April 18-19, during TOKEN2049 Week.
Throughout the event, attendees experienced an impressive range of panel discussions, keynotes, workshops, and exclusive networking opportunities, overcoming torrential rain to show up in force. Tickets for TOKEN2049 Dubai sold out nearly three weeks prior to the event, with 10,000 attendees expected. Despite the UAE’s heaviest rainfall in 75 years, the conference opened to a full-house.
Alex Fiskum, Co-Founder of TOKEN2049 said: “This week we witnessed the determination of the crypto industry first hand. Our team worked around the clock to ensure that the conference proceeded without any disruptions, maintaining the highest standards of hospitality for our attendees. Our programme proceeded and our doors opened as planned, welcoming attendees to a comfortable, immersive, and action-packed event. We are immensely proud of everyone who contributed to making TOKEN2049 Dubai an overwhelming success.”
TOKEN2049 Dubai was host to 90% international attendees hailing from over 160 countries worldwide. The global crypto community came out in full strength to participate, showcasing the growing reputation of Dubai as a hub for crypto innovation. The global representation also cemented TOKEN2049 as the marquee industry event in the crypto calendar, not to be missed.
Travel disruptions early in the week saw large numbers of speakers and attendees diverted across the Middle East, all of whom surmounted significant obstacles to attend and participate at TOKEN2049 Dubai. Amongst the 200+ leading industry voices who took to the stage to share their insights, discuss the most prevalent topics in Web3, and unveil exciting news announcements were Pavel Durov, the visionary CEO of Telegram; Richard Teng, CEO of Binance; Paolo Ardoino, CEO of Tether; and Arthur Hayes, Co-Founder of BitMEX.
Some standouts include a joint announcement onstage by Tether and Telegram that USDT will launch on The Open Network (TON) and Telegram wallet; Polkadot’s Gavin Wood introduced a new JAM chain graypaper; Berachain announced a collaboration with Google Cloud; and Telos unveiled a partnership with Ponos Technology to develop a hardware-accelerated Ethereum L2 zkEVM network, amongst many more ground-breaking announcements.
Fiskum continued: “We have received overwhelmingly positive feedback from all participants across TOKEN2049 Dubai. Energized by this success, we now shift focus to prepare for the industry’s largest event of the year — TOKEN2049 Singapore, taking place on September 18-19 before the Formula 1 Grand Prix weekend. TOKEN2049 Singapore will welcome 20,000 attendees to the iconic Marina Bay Sands, continuing to set new standards for the industry.”
TOKEN2049 Dubai will return in 2025, promising an even more immersive experience for prolific industry leaders, Web3 builders, global entrepreneurs, and tens of thousands of crypto enthusiasts.
TOKEN2049 is hosted annually in Dubai and Singapore. For more information and updates on TOKEN2049, please visit: https://www.token2049.com.
###
About TOKEN2049
TOKEN2049 is a global conference series, where decision-makers in the global crypto ecosystem connect to exchange ideas, network, and shape the industry. TOKEN2049 is a global meeting place for entrepreneurs, institutions, industry insiders, investors, builders, and those with a strong interest in the crypto and Web3 industry. TOKEN2049 is hosted annually in Dubai and Singapore.
Media Contact
E: token2049dxb@wachsman.com
The post TOKEN2049 Dubai Hailed as an Outstanding Success, with 10,000 Attendees appeared first on BitcoinWorld.
Velocity Labs and Ramp Network Facilitate Fiat to Crypto Onramp on Polkadot Via Asset Hub Support
zug, SWITZERLAND, April 25th, 2024, Chainwire
Velocity Labs is proud to announce a fiat to crypto onramp using Ramp Network through the integration of Asset Hub. Through it, Ramp will be able to service any parachain in the Polkadot ecosystem.
Onramps from fiat to crypto have historically been one of the biggest pain points with regard to DeFi accessibility. Thanks to the tireless builders who identified this issue early on, and have been working with regulators, credit card issuers and other payment infrastructure providers, the high barriers to crypto entry are about to be a thing of the past.
In November of last year, Velocity Labs began talks with Ramp, the leading onramp infrastructure provider for web3. The objective was simple: maximize Asset Hub’s accessibility, and to get it to its full potential.
Asset Hub is a system parachain considered the “home base” of assets in the Polkadot blockspace ecosystem. It enables the creation, management, and use of assets in the Polkadot network. As a system parachain, it has a trusted relationship with the Polkadot Relay Chain, allowing for porting of DOT from the Relay Chain to Asset Hub. Asset Hub is crucial for the emission of tokens similar to ERC-20 (the Ethereum standard powering DeFi on that chain) and the imminent and future resurgence of DeFi on Polkadot. However, Asset Hub has many constraints, particularly around UX and DevEx. Recognizing the potential of Asset Hub and its importance, Velocity has been working tirelessly to address these limitations.
Ramp is a financial technology company building solutions that connect the crypto economy with today’s global financial infrastructure. Through its core on- and off-ramp products, Ramp provides businesses and individuals across 150+ countries with a streamlined and smooth experience in converting between cryptocurrencies and fiat currencies. Ramp is fully integrated with the world’s major payment methods, including debit and credit cards, bank transfers, Apple Pay, Google Pay, and more.
About Velocity Labs
Velocity Labs is a DeFi and infrastructure development company founded with the objective of transforming the Polkadot blockspace ecosystem into a thriving hub for DeFi innovation. A team formed by Polkadot veterans and DeFi experts, Velocity Labs is committed to building critical market infrastructure and tooling to unlock Polkadot’s full potential.
More information on velocitylabs.org
Velocity Labs actively searching for builders to join us in creating the most efficient and resilient ecosystem for DeFi on Polkadot. If you think this is you, please get in touch with us through this form.
Contact
ops leadMARIA PAULA FERNANDEZVelocity Labs AGmp@velocitylabs.org
The post Velocity Labs and Ramp Network facilitate fiat to crypto onramp on Polkadot via Asset Hub support appeared first on BitcoinWorld.
Velocity Labs is proud to announce a fiat to crypto onramp using Ramp Network through the integration of Asset Hub. Through it, Ramp will be able to service any parachain in the Polkadot ecosystem.
Onramps from fiat to crypto have historically been one of the biggest pain points with regard to DeFi accessibility. Thanks to the tireless builders who identified this issue early on, and have been working with regulators, credit card issuers and other payment infrastructure providers, the high barriers to crypto entry are about to be a thing of the past.
In November of last year, Velocity Labs began talks with Ramp, the leading onramp infrastructure provider for web3. The objective was simple: maximize Asset Hub’s accessibility, and to get it to its full potential.
Asset Hub is a system parachain considered the “home base” of assets in the Polkadot blockspace ecosystem. It enables the creation, management, and use of assets in the Polkadot network. As a system parachain, it has a trusted relationship with the Polkadot Relay Chain, allowing for porting of DOT from the Relay Chain to Asset Hub. Asset Hub is crucial for the emission of tokens similar to ERC-20 (the Ethereum standard powering DeFi on that chain) and the imminent and future resurgence of DeFi on Polkadot. However, Asset Hub has many constraints, particularly around UX and DevEx. Recognizing the potential of Asset Hub and its importance, Velocity has been working tirelessly to address these limitations.
Ramp is a financial technology company building solutions that connect the crypto economy with today’s global financial infrastructure. Through its core on- and off-ramp products, Ramp provides businesses and individuals across 150+ countries with a streamlined and smooth experience in converting between cryptocurrencies and fiat currencies. Ramp is fully integrated with the world’s major payment methods, including debit and credit cards, bank transfers, Apple Pay, Google Pay, and more.
About Velocity Labs
Velocity Labs is a DeFi and infrastructure development company founded with the objective of transforming the Polkadot blockspace ecosystem into a thriving hub for DeFi innovation. A team formed by Polkadot veterans and DeFi experts, Velocity Labs is committed to building critical market infrastructure and tooling to unlock Polkadot’s full potential.
More information on velocitylabs.org
Velocity Labs actively searching for builders to join us in creating the most efficient and resilient ecosystem for DeFi on Polkadot. If you think this is you, please get in touch with us through this form.
Contact
ops leadMARIA PAULA FERNANDEZVelocity Labs AGmp@velocitylabs.org
The post Velocity Labs and Ramp Network facilitate fiat to crypto onramp on Polkadot via Asset Hub support appeared first on BitcoinWorld.
MAR Mining Launches Cloud Mining Contract, Earn $300-1,000 Daily
London, UK – MAR mining, the world’s top Bitcoin mining platform, has launched cloud mining contracts. Designed to enable existing and potential cryptocurrency enthusiasts to profit from rising Bitcoin prices, the contract promises to disrupt the investment market and provide users with incredible opportunities.
MAR mining cloud mining contract – what is it?
Cloud mining is an advanced product used by Bitcoin and cryptocurrency miners to alleviate a certain degree of financial pressure as they expand their computing power deployments. Specifically, investors participate in mining activities by renting computer power from a group of miners who, in turn, actively mine Bitcoin and then share the profits with these investors. MAR mining’s cloud mining contracts eliminate the need to rent space, purchase expensive mining rigs, and maintain high energy costs. With this product, anyone can simply rent computing power to active miners and earn profits in the form of interest earned from completing and adding new blocks to the Bitcoin network.
MAR Mining’s newly released products will provide active miners with the opportunity to deploy and occupy a higher proportion of computing power, thereby increasing their ability to mine Bitcoin efficiently. With the Bitcoin halving scheduled to occur in the second quarter of 2024, where mining rewards are expected to be reduced by 50%, MAR mining is positioning itself as an innovative investment platform for miners and investors with this launch.
How MAR mining’s cloud mining contract works
MAR mining‘s advanced cloud mining contract feature allows potential investors to purchase computing power and earn a daily interest percentage. The referral option also allows them to earn extra money every time they recommend an investment platform.
MAR mining also integrates SL communication encryption and multi-layer cold storage to ensure security. Additionally, the team aims to simplify the Bitcoin mining process by breaking down existing barriers and introducing a new system where users do not necessarily need to own mining equipment to profit from mining activities. According to the project website, technical and professional support is provided for beginners and experts, and the team is actively working to incorporate more advanced features into the platform.
According to the website, MAR mining has assembled a team of experts and cutting-edge technology to create and deliver top-notch cloud mining investment opportunities. It currently offers a range of mining contracts and financial options ranging from $12 to over $5,000 for potential and existing users to choose from. Their official website has a detailed introduction, and they have 24-hour online customer service staff to answer all related questions.
About the company
Founded in 2018 and headquartered in London, England, MAR mining is a top Bitcoin mining platform. With the launch of cloud mining contract products, the project aims to demystify the mining industry, break down existing barriers, and expand market access. MAR mining is committed to providing stable, regular payouts while providing best-in-class security through advanced, cutting-edge systems.
Media Contact
Company name: MAR mining
Company website: https://marmining.com/
Company email: info@marmining.com
The post MAR Mining Launches Cloud Mining Contract, Earn $300-1,000 Daily appeared first on BitcoinWorld.
MAR mining cloud mining contract – what is it?
Cloud mining is an advanced product used by Bitcoin and cryptocurrency miners to alleviate a certain degree of financial pressure as they expand their computing power deployments. Specifically, investors participate in mining activities by renting computer power from a group of miners who, in turn, actively mine Bitcoin and then share the profits with these investors. MAR mining’s cloud mining contracts eliminate the need to rent space, purchase expensive mining rigs, and maintain high energy costs. With this product, anyone can simply rent computing power to active miners and earn profits in the form of interest earned from completing and adding new blocks to the Bitcoin network.
MAR Mining’s newly released products will provide active miners with the opportunity to deploy and occupy a higher proportion of computing power, thereby increasing their ability to mine Bitcoin efficiently. With the Bitcoin halving scheduled to occur in the second quarter of 2024, where mining rewards are expected to be reduced by 50%, MAR mining is positioning itself as an innovative investment platform for miners and investors with this launch.
How MAR mining’s cloud mining contract works
MAR mining‘s advanced cloud mining contract feature allows potential investors to purchase computing power and earn a daily interest percentage. The referral option also allows them to earn extra money every time they recommend an investment platform.
MAR mining also integrates SL communication encryption and multi-layer cold storage to ensure security. Additionally, the team aims to simplify the Bitcoin mining process by breaking down existing barriers and introducing a new system where users do not necessarily need to own mining equipment to profit from mining activities. According to the project website, technical and professional support is provided for beginners and experts, and the team is actively working to incorporate more advanced features into the platform.
According to the website, MAR mining has assembled a team of experts and cutting-edge technology to create and deliver top-notch cloud mining investment opportunities. It currently offers a range of mining contracts and financial options ranging from $12 to over $5,000 for potential and existing users to choose from. Their official website has a detailed introduction, and they have 24-hour online customer service staff to answer all related questions.
About the company
Founded in 2018 and headquartered in London, England, MAR mining is a top Bitcoin mining platform. With the launch of cloud mining contract products, the project aims to demystify the mining industry, break down existing barriers, and expand market access. MAR mining is committed to providing stable, regular payouts while providing best-in-class security through advanced, cutting-edge systems.
Media Contact
Company name: MAR mining
Company website: https://marmining.com/
Company email: info@marmining.com
The post MAR Mining Launches Cloud Mining Contract, Earn $300-1,000 Daily appeared first on BitcoinWorld.
Bitcoin Whales Continue Buying, Now Hold 25.16% of All BTC Supply
On-chain data shows that the Bitcoin whales’ holdings have grown to 25.16% of the entire BTC supply, and their net accumulation has continued recently.
Bitcoin Investors With 1,000 To 10,000 BTC Have Continued To Buy Recently
According to data from the on-chain analytics firm Santiment, the BTC whales have accumulated more than 266,000 BTC since the start of the year.
The indicator of interest here is the “Supply Distribution,” which keeps track of the percentage of the total circulating Bitcoin supply that the various wallet groups are holding right now.
The addresses are divided into these cohorts based on the number of coins they currently have in their balance.
The 10 to 100 coins group, for example, includes all wallets that own at least 10 and, at most, 100 BTC.
The Supply Distribution sums up the amount that investors belonging to a particular group as a whole are carrying and calculates what percentage of the supply they contribute.
The 1,000 to 10,000 BTC cohort is of interest in the current discussion. At the current exchange rate, the lower limit for this cohort is $65 million, while the upper one is $650 million.
Clearly, the investors belonging to the group are quite massive, and as such, they are popularly known as “whales.”
As the whales can quickly move large amounts, they have the potential to influence the market. Due to this, their behavior can be worth watching.
There are whales beyond this cohort’s 10,000 BTC upper limit as well, but at such massive scales, entities like exchanges also start coming into play, who aren’t exactly normal investors.
Now, here is a chart that shows the trend in the Bitcoin Supply Distribution for the 1,000 to 10,000 coins group over the last few months:
Bitcoin Whale & Sentiment
#Bitcoin's key whale tier holding 1K-10K $BTC are supporting this rise, and have now accumulated 266K more $BTC since the start of 2024. This translates to an accumulation of 1.24% of the entire supply. The crowd is also showing a high degree of #FOMO. https://t.co/fNSTOERzXo pic.twitter.com/qaJmQJfFca
— Santiment (@santimentfeed) April 24, 2024
As displayed in the above graph, the Bitcoin Supply Distribution for this key investor group has observed a net rise over the year 2024 so far.
The whales have bought 266,000 BTC ($17.2 billion) over this period.
However, this accumulation hasn’t been consistent. As is visible in the chart, the whales sold into the rally that would eventually lead to the asset’s new all-time high, and they bought back in once the drawdown was over.
As BTC has consolidated, so has its supply. Still, the latest change in the metric has been towards the upside, implying that these humongous holders are perhaps backing the current recovery push.
Following the latest accumulation, the 1,000 to 10,000 coins group holds 25.16% of the supply, which means that more than a quarter of all Bitcoin in circulation is sitting in the wallets of these large investors.
While whale buying is bullish, the current investor sentiment may not be so. As the data for the “Weighted Sentiment” metric attached by Santiment in the chart suggests, investors are currently showing FOMO towards the asset.
Historically, Bitcoin has tended to move against the majority’s expectations, so FUD/fear has been ideal for uptrends to start. FOMO/greed, on the other hand, has been where tops have become probable.
BTC Price
At the time of writing, Bitcoin is trading at around $64,700, up more than 7% over the past week.
BTC Price Chart | Source: Coinstats
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post Bitcoin Whales Continue Buying, Now Hold 25.16% Of All BTC Supply appeared first on BitcoinWorld.
Bitcoin Investors With 1,000 To 10,000 BTC Have Continued To Buy Recently
According to data from the on-chain analytics firm Santiment, the BTC whales have accumulated more than 266,000 BTC since the start of the year.
The indicator of interest here is the “Supply Distribution,” which keeps track of the percentage of the total circulating Bitcoin supply that the various wallet groups are holding right now.
The addresses are divided into these cohorts based on the number of coins they currently have in their balance.
The 10 to 100 coins group, for example, includes all wallets that own at least 10 and, at most, 100 BTC.
The Supply Distribution sums up the amount that investors belonging to a particular group as a whole are carrying and calculates what percentage of the supply they contribute.
The 1,000 to 10,000 BTC cohort is of interest in the current discussion. At the current exchange rate, the lower limit for this cohort is $65 million, while the upper one is $650 million.
Clearly, the investors belonging to the group are quite massive, and as such, they are popularly known as “whales.”
As the whales can quickly move large amounts, they have the potential to influence the market. Due to this, their behavior can be worth watching.
There are whales beyond this cohort’s 10,000 BTC upper limit as well, but at such massive scales, entities like exchanges also start coming into play, who aren’t exactly normal investors.
Now, here is a chart that shows the trend in the Bitcoin Supply Distribution for the 1,000 to 10,000 coins group over the last few months:
Bitcoin Whale & Sentiment
#Bitcoin's key whale tier holding 1K-10K $BTC are supporting this rise, and have now accumulated 266K more $BTC since the start of 2024. This translates to an accumulation of 1.24% of the entire supply. The crowd is also showing a high degree of #FOMO. https://t.co/fNSTOERzXo pic.twitter.com/qaJmQJfFca
— Santiment (@santimentfeed) April 24, 2024
As displayed in the above graph, the Bitcoin Supply Distribution for this key investor group has observed a net rise over the year 2024 so far.
The whales have bought 266,000 BTC ($17.2 billion) over this period.
However, this accumulation hasn’t been consistent. As is visible in the chart, the whales sold into the rally that would eventually lead to the asset’s new all-time high, and they bought back in once the drawdown was over.
As BTC has consolidated, so has its supply. Still, the latest change in the metric has been towards the upside, implying that these humongous holders are perhaps backing the current recovery push.
Following the latest accumulation, the 1,000 to 10,000 coins group holds 25.16% of the supply, which means that more than a quarter of all Bitcoin in circulation is sitting in the wallets of these large investors.
While whale buying is bullish, the current investor sentiment may not be so. As the data for the “Weighted Sentiment” metric attached by Santiment in the chart suggests, investors are currently showing FOMO towards the asset.
Historically, Bitcoin has tended to move against the majority’s expectations, so FUD/fear has been ideal for uptrends to start. FOMO/greed, on the other hand, has been where tops have become probable.
BTC Price
At the time of writing, Bitcoin is trading at around $64,700, up more than 7% over the past week.
BTC Price Chart | Source: Coinstats
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post Bitcoin Whales Continue Buying, Now Hold 25.16% Of All BTC Supply appeared first on BitcoinWorld.
ZKasino Diverts $33 Million Users Funds to Lido, Sparking Fraud Allegations and Investors’ Outrage
The blockchain gambling platform ZKasino has faced significant criticism after diverting $33 million in investors and users funds to the staking protocol Lido.
This move, disclosed in a blog post on April 20, deviated sharply from the initial promise to return these funds.
According to ZKasino’s announcement, its network had successfully launched, attracting over 10,000 users who transferred a total of 10,515 Ether in exchange for the platform’s native ZKasino (ZKAS) tokens.
Contrary to expectations, the platform converted the bridged ETH to ZKAS tokens at a “discounted rate of $0.055” on a 15-month vesting schedule, a change from the original plan.
ZKasino described these changes as “done as a favour” to ensure a “seamless transition” to its chain, which does not utilize ETH.
This led to user concerns, especially after the company altered its website to omit previous guarantees of ETH returns.
See Also: Crypto Market Stumbles After The Arrest Of Samourai’s CEO And CTO
Further scrutiny arose after an on-chain analysis revealed that ZKasino had transferred all the user’s ETH to Lido.
Adding to the controversy, an anonymous developer identified as “cygaar” criticized the technological underpinnings of ZKasino’s blockchain.
According to cygaar, the blockchain was merely an “Arbitrum Nitro chain that took 2 minutes to deploy” and did not incorporate the promised zero knowledge or EigenDA technologies.
Outraged users have voiced their concerns on X, with some accusing the project of being an exit scam and sharing personal details of ZKasino’s founder, known as “Derivatives Monke,” to push for legal actions.
The situation escalated with Venture capital firm Big Brain denouncing the project.
In an X post dated April 21, Big Brain clarified that it “never invested in ZKasino” despite previous claims by ZKasino of securing a Series A funding at a valuation of $350 million from notable firms including MEXC and Big Brain Holdings.
Big Brain Holdings invested into the @zigzagexchange project in 2022, which subsequently resulted in financial losses for us. Some of the previous founders of that project are now part of the @ZKasino_io team, which appears to be fraudulent.
We have never invested in ZKasino…
— Big Brain Holdings (@BigBrainVC) April 21, 2024
In response, MEXC, a crypto exchange implicated as an investor, distanced itself from ZKasino’s actions.
On April 21, TechFlow reported MEXC’s statement emphasizing that the exchange was “just one of the investors” and also a victim of ZKasino’s decisions.
Meanwhile, both ZKasino and its founder have remained largely silent on the backlash, except for minimal updates and responses to criticisms on X.
Despite the turmoil, Derivatives Monke continues to engage minimally on the platform, indicating a commitment to “keep building,” reflecting a possible attempt to maintain a facade of normalcy amidst the growing controversy.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post ZKasino Diverts $33 Million Users Funds To Lido, Sparking Fraud Allegations and Investors’ Outrage appeared first on BitcoinWorld.
This move, disclosed in a blog post on April 20, deviated sharply from the initial promise to return these funds.
According to ZKasino’s announcement, its network had successfully launched, attracting over 10,000 users who transferred a total of 10,515 Ether in exchange for the platform’s native ZKasino (ZKAS) tokens.
Contrary to expectations, the platform converted the bridged ETH to ZKAS tokens at a “discounted rate of $0.055” on a 15-month vesting schedule, a change from the original plan.
ZKasino described these changes as “done as a favour” to ensure a “seamless transition” to its chain, which does not utilize ETH.
This led to user concerns, especially after the company altered its website to omit previous guarantees of ETH returns.
See Also: Crypto Market Stumbles After The Arrest Of Samourai’s CEO And CTO
Further scrutiny arose after an on-chain analysis revealed that ZKasino had transferred all the user’s ETH to Lido.
Adding to the controversy, an anonymous developer identified as “cygaar” criticized the technological underpinnings of ZKasino’s blockchain.
According to cygaar, the blockchain was merely an “Arbitrum Nitro chain that took 2 minutes to deploy” and did not incorporate the promised zero knowledge or EigenDA technologies.
Outraged users have voiced their concerns on X, with some accusing the project of being an exit scam and sharing personal details of ZKasino’s founder, known as “Derivatives Monke,” to push for legal actions.
The situation escalated with Venture capital firm Big Brain denouncing the project.
In an X post dated April 21, Big Brain clarified that it “never invested in ZKasino” despite previous claims by ZKasino of securing a Series A funding at a valuation of $350 million from notable firms including MEXC and Big Brain Holdings.
Big Brain Holdings invested into the @zigzagexchange project in 2022, which subsequently resulted in financial losses for us. Some of the previous founders of that project are now part of the @ZKasino_io team, which appears to be fraudulent.
We have never invested in ZKasino…
— Big Brain Holdings (@BigBrainVC) April 21, 2024
In response, MEXC, a crypto exchange implicated as an investor, distanced itself from ZKasino’s actions.
On April 21, TechFlow reported MEXC’s statement emphasizing that the exchange was “just one of the investors” and also a victim of ZKasino’s decisions.
Meanwhile, both ZKasino and its founder have remained largely silent on the backlash, except for minimal updates and responses to criticisms on X.
Despite the turmoil, Derivatives Monke continues to engage minimally on the platform, indicating a commitment to “keep building,” reflecting a possible attempt to maintain a facade of normalcy amidst the growing controversy.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post ZKasino Diverts $33 Million Users Funds To Lido, Sparking Fraud Allegations and Investors’ Outrage appeared first on BitcoinWorld.
Crypto Market Stumbles After the Arrest of Samourai’s CEO and CTO
The crypto market saw extra turbulence after Samourai Wallet’s CEO and chief technology officer (CTO) faced legal action from the U.S. DOJ.
Bitcoin (BTC), Ether (ETH), and major altcoins briefly tumbled amid news of Samourai Wallet CEO and CTO’s arrest by the United States Department of Justice (DOJ) on the backdrop of ongoing Middle East tensions and post-halving volatility.
On April 24, it was reported that cryptocurrency wallet Samourai Wallet CEO Keonne Rodriguez and chief technology officer William Hill will each face one count of conspiracy to commit money laundering and one count of conspiracy to operate an unlicensed money transmitting business.
Within an hour of the DOJ announcement, Bitcoin’s price dropped 3.6%. Its price dipped below key support levels to $63,710, before recovering slightly to $64,546, as per Coinstats data.
BTC Price Chart | SOurce: Coinstats
Meanwhile, Ethereum dropped 2.51% within the same time frame but failed to bounce back, declining further to $3,158.
See Also: US Authorities Arrest And Charge William Morro, A New Figure In Onecoin Scheme
The largest altcoins also took a hit, PEPE saw a brief 6.4% drop, Shiba Inu (SHIB) experienced a 2.7% decline, and Dogecoin (DOGE) briefly dipped 3.2% following the announcement.
The sharp price drops in the top two cryptocurrencies by market capitalization triggered widespread liquidation of long positions.
In the last 12 hours, Bitcoin saw $33.08 million worth of long positions liquidated, Ethereum had $29.88 million, and approximately $23 million in long positions were liquidated across the rest of the crypto market, as per CoinGlass data.
The crypto market decline also comes in the backdrop of geopolitical tension further escalating in the Middle East.
On April 24, the Israeli military struck approximately 40 locations linked to Hezbollah in Southern Lebanon, according to local reports.
The crypto community was already largely anticipating some short-term volatility following the Bitcoin halving event, which happened just days earlier on April 20.
Pseudonymous crypto trader Rekt Capital told his 456,400 X followers on April 24 that he predicts the next bull market peak not to occur until late 2025, approximately 546 days after the halving.
#BTC
If history repeats…
Next Bull Market peak may occur 518-546 days after the Halving
That's mid-September or mid-October 2025$BTC #Bitcoin #BitcoinHalving pic.twitter.com/2pZVFYmnJX
— Rekt Capital (@rektcapital) April 24, 2024
The fluctuations came despite overall positive investor sentiment in the crypto market.
According to the Fear and Greed Index, which measures crypto market sentiment, the greed score rose to 72 this week, a 15-point increase from last week.
The crypto community criticized the recent arrests, fearing it could be another attempt by the U.S. government to crack down harshly on crypto.
“These developers face up to 25 yrs in prison for writing code. The US is sending a message. No transaction will be private,” crypto analyst Ryan Adams stated in an April 24 post.
The developers of Samourai were arrested this morning.
One extradited from Portugal.
Samourai is a bitcoin wallet that makes bitcoin private.
These developers face up to 25 yrs in prison for writing code.
The US is sending a message.
No transaction will be private. pic.twitter.com/GupLtMuHD8
— RYAN SΞAN ADAMS – rsa.eth (@RyanSAdams) April 24, 2024
While Fred Krueger claimed on the same day in an X post that the arrest was “not a good look for Bitcoin in general.”
Samourai Wallet Founders Arrested and Charged With Money Laundering.
Not a good look for Bitcoin in general.
— Fred Krueger (@dotkrueger) April 24, 2024
Crypto commentator Luke Mikic told his 26,800 X followers that this “attack by the US Government on Samourai wallet is bigger than most people think.”
There is 10,868 Bitcoin in Samourai whirlpool.
This attack by the US Government on Samourai wallet is bigger than most people think. pic.twitter.com/r3Y381cEdd
— Luke Mikic 9-5 Escape Artist (@LukeMikic21) April 24, 2024
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post Crypto Market Stumbles After The Arrest Of Samourai’s CEO And CTO appeared first on BitcoinWorld.
Bitcoin (BTC), Ether (ETH), and major altcoins briefly tumbled amid news of Samourai Wallet CEO and CTO’s arrest by the United States Department of Justice (DOJ) on the backdrop of ongoing Middle East tensions and post-halving volatility.
On April 24, it was reported that cryptocurrency wallet Samourai Wallet CEO Keonne Rodriguez and chief technology officer William Hill will each face one count of conspiracy to commit money laundering and one count of conspiracy to operate an unlicensed money transmitting business.
Within an hour of the DOJ announcement, Bitcoin’s price dropped 3.6%. Its price dipped below key support levels to $63,710, before recovering slightly to $64,546, as per Coinstats data.
BTC Price Chart | SOurce: Coinstats
Meanwhile, Ethereum dropped 2.51% within the same time frame but failed to bounce back, declining further to $3,158.
See Also: US Authorities Arrest And Charge William Morro, A New Figure In Onecoin Scheme
The largest altcoins also took a hit, PEPE saw a brief 6.4% drop, Shiba Inu (SHIB) experienced a 2.7% decline, and Dogecoin (DOGE) briefly dipped 3.2% following the announcement.
The sharp price drops in the top two cryptocurrencies by market capitalization triggered widespread liquidation of long positions.
In the last 12 hours, Bitcoin saw $33.08 million worth of long positions liquidated, Ethereum had $29.88 million, and approximately $23 million in long positions were liquidated across the rest of the crypto market, as per CoinGlass data.
The crypto market decline also comes in the backdrop of geopolitical tension further escalating in the Middle East.
On April 24, the Israeli military struck approximately 40 locations linked to Hezbollah in Southern Lebanon, according to local reports.
The crypto community was already largely anticipating some short-term volatility following the Bitcoin halving event, which happened just days earlier on April 20.
Pseudonymous crypto trader Rekt Capital told his 456,400 X followers on April 24 that he predicts the next bull market peak not to occur until late 2025, approximately 546 days after the halving.
#BTC
If history repeats…
Next Bull Market peak may occur 518-546 days after the Halving
That's mid-September or mid-October 2025$BTC #Bitcoin #BitcoinHalving pic.twitter.com/2pZVFYmnJX
— Rekt Capital (@rektcapital) April 24, 2024
The fluctuations came despite overall positive investor sentiment in the crypto market.
According to the Fear and Greed Index, which measures crypto market sentiment, the greed score rose to 72 this week, a 15-point increase from last week.
The crypto community criticized the recent arrests, fearing it could be another attempt by the U.S. government to crack down harshly on crypto.
“These developers face up to 25 yrs in prison for writing code. The US is sending a message. No transaction will be private,” crypto analyst Ryan Adams stated in an April 24 post.
The developers of Samourai were arrested this morning.
One extradited from Portugal.
Samourai is a bitcoin wallet that makes bitcoin private.
These developers face up to 25 yrs in prison for writing code.
The US is sending a message.
No transaction will be private. pic.twitter.com/GupLtMuHD8
— RYAN SΞAN ADAMS – rsa.eth (@RyanSAdams) April 24, 2024
While Fred Krueger claimed on the same day in an X post that the arrest was “not a good look for Bitcoin in general.”
Samourai Wallet Founders Arrested and Charged With Money Laundering.
Not a good look for Bitcoin in general.
— Fred Krueger (@dotkrueger) April 24, 2024
Crypto commentator Luke Mikic told his 26,800 X followers that this “attack by the US Government on Samourai wallet is bigger than most people think.”
There is 10,868 Bitcoin in Samourai whirlpool.
This attack by the US Government on Samourai wallet is bigger than most people think. pic.twitter.com/r3Y381cEdd
— Luke Mikic 9-5 Escape Artist (@LukeMikic21) April 24, 2024
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post Crypto Market Stumbles After The Arrest Of Samourai’s CEO And CTO appeared first on BitcoinWorld.
Litecoin (LTC) Price Analysis: Can Bulls Hold This Key Support?
Litecoin (LTC) price is holding gains above the $82.00 support against the US Dollar.
LTC price is now trading above $82.00 and the 55 simple moving average (4 hours).
There is a key rising channel forming with resistance near $88.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase).
The pair could gain bullish momentum if it clears the $88.50 and $92.50 resistance levels.
Litecoin price is holding gains above $82 against the US Dollar, like Bitcoin. LTC price could climb again if there is a clear move above $88.50.
Litecoin Price Analysis
In the past few sessions, there were range moves in Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. Earlier, LTC struggled to clear the $106 resistance zone and started a fresh decline.
There was a move below the $92 and $82 support levels. Finally, the bulls protected the key support at $70.00.
A low was formed near $70.83, and the price is now attempting a fresh increase. The price started a recovery wave above the $80 level.
It broke the 23.6% Fib retracement level of the downward move from the $106.00 swing high to the $70.80 low. Litecoin is now trading above $82.00 and the 55 simple moving average (4 hours).
See Also: BNB Price Reclaims $600 and Bulls Could Now Aim For New 2024 High
On the upside, the price is facing resistance near the $88.50 level or the 50% Fib retracement level of the downward move from the $106.00 swing high to the $70.80 low. There is also a key rising channel forming with resistance near $88.50 on the 4-hour chart of the LTC/USD pair.
The next major resistance is near the $92.50 level. A clear move above the $92.50 level could push the price toward the $100 zone. The next major resistance sits near the $106 level. Any more gains might send the price toward the $120 level.
On the downside, initial support is near the $82.00 level. The next major support is near the $80.00 level. If there is a downside break below the $80.00 support, the price could accelerate lower toward the $70.00 level in the near term.
Looking at the chart, Litecoin’s price is trading above $82.00 and the 55 simple moving average (4 hours). Overall, the price could gain bullish momentum if it clears the $88.50 and $92.50 resistance levels.
Technical Indicators
4 hours MACD – The MACD for LTC/USD is now gaining pace in the bearish zone.
4 hours RSI (Relative Strength Index) – The RSI for LTC/USD is now below the 50 level.
Key Support Levels – $82.00 and $80.00.
Key Resistance Levels – $88.50 and $92.50.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post Litecoin (LTC) Price Analysis: Can Bulls Hold This Key Support? appeared first on BitcoinWorld.
LTC price is now trading above $82.00 and the 55 simple moving average (4 hours).
There is a key rising channel forming with resistance near $88.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase).
The pair could gain bullish momentum if it clears the $88.50 and $92.50 resistance levels.
Litecoin price is holding gains above $82 against the US Dollar, like Bitcoin. LTC price could climb again if there is a clear move above $88.50.
Litecoin Price Analysis
In the past few sessions, there were range moves in Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. Earlier, LTC struggled to clear the $106 resistance zone and started a fresh decline.
There was a move below the $92 and $82 support levels. Finally, the bulls protected the key support at $70.00.
A low was formed near $70.83, and the price is now attempting a fresh increase. The price started a recovery wave above the $80 level.
It broke the 23.6% Fib retracement level of the downward move from the $106.00 swing high to the $70.80 low. Litecoin is now trading above $82.00 and the 55 simple moving average (4 hours).
See Also: BNB Price Reclaims $600 and Bulls Could Now Aim For New 2024 High
On the upside, the price is facing resistance near the $88.50 level or the 50% Fib retracement level of the downward move from the $106.00 swing high to the $70.80 low. There is also a key rising channel forming with resistance near $88.50 on the 4-hour chart of the LTC/USD pair.
The next major resistance is near the $92.50 level. A clear move above the $92.50 level could push the price toward the $100 zone. The next major resistance sits near the $106 level. Any more gains might send the price toward the $120 level.
On the downside, initial support is near the $82.00 level. The next major support is near the $80.00 level. If there is a downside break below the $80.00 support, the price could accelerate lower toward the $70.00 level in the near term.
Looking at the chart, Litecoin’s price is trading above $82.00 and the 55 simple moving average (4 hours). Overall, the price could gain bullish momentum if it clears the $88.50 and $92.50 resistance levels.
Technical Indicators
4 hours MACD – The MACD for LTC/USD is now gaining pace in the bearish zone.
4 hours RSI (Relative Strength Index) – The RSI for LTC/USD is now below the 50 level.
Key Support Levels – $82.00 and $80.00.
Key Resistance Levels – $88.50 and $92.50.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post Litecoin (LTC) Price Analysis: Can Bulls Hold This Key Support? appeared first on BitcoinWorld.
US Authorities Arrest and Charge William Morro, a New Figure in Onecoin Scheme
Reports suggested that William Morro, who is the latest individual to be charged by the US authorities in connection to the crypto scheme, was associated with Gilbert Armenta, the boyfriend of OneCoin founder Ruja Ignatova.
Officials with the United States Justice Department have arrested and charged William Morro for bank fraud in connection with the OneCoin crypto scheme.
According to April 23 filings in the U.S. District Court for the Southern District of New York, Morro was responsible for transferring $35 million in funds connected to OneCoin from bank accounts in China to one in Hong Kong in 2016.
The superseding indictment alleged that Morro moved more than $6 million from the Hong Kong account to a U.S. one he controlled as part of a scheme to defraud.
Morro voluntarily surrendered to authorities and pleaded guilty to one count of conspiracy to commit bank fraud.
See Also: Binance Faces App Removal In The Philippines Over Regulatory Issues
He has been released on his own recognizance until a sentencing hearing scheduled for Aug. 1. Justice Department officials included an order of forfeiture related to the illicit assets in the OneCoin case.
Reports suggested that Morro was connected to Gilbert Armenta, the boyfriend of OneCoin founder Ruja Ignatova.
Armenta was sentenced to five years in prison in 2023 for his role in laundering roughly $300 million related to the OneCoin scheme. Morro is listed as a managing partner of the InterAmerican Group and a board member of AEE Power.
What information prompted U.S. officials to bring a superseding indictment against Morro roughly eight years after his alleged fraudulent actions is unclear.
The Justice Department has charged several individuals for their roles in the OneCoin scheme, including lawyer Mark Scott, former head of legal and compliance Irina Dilkinska, and co-founder Karl Sebastian Greenwood.
Ignatova, also known as the ‘CryptoQueen,’ has been charged in the U.S. but remained at large at the time of publication. She is currently on the FBI’s list of the ten most wanted fugitives.
According to the April 23 filings, Morro retained Mark Cohen and Jonathan Abernethy of the law firm Cohen and Gresser.
Cohen famously represented Sam Bankman-Fried during his 2023 criminal trial, in which the former FTX CEO was convicted of seven felony counts and later sentenced to 25 years in prison.
Founded in 2014, OneCoin was exposed as a fraudulent crypto scheme in 2015, defrauding investors out of roughly $4 billion. In Morro’s case, a charge of conspiracy to commit bank fraud could carry a sentence of up to 30 years in prison.
#Binance #WRITE2EARN
The post US Authorities Arrest And Charge William Morro, A New Figure In Onecoin Scheme appeared first on BitcoinWorld.
Officials with the United States Justice Department have arrested and charged William Morro for bank fraud in connection with the OneCoin crypto scheme.
According to April 23 filings in the U.S. District Court for the Southern District of New York, Morro was responsible for transferring $35 million in funds connected to OneCoin from bank accounts in China to one in Hong Kong in 2016.
The superseding indictment alleged that Morro moved more than $6 million from the Hong Kong account to a U.S. one he controlled as part of a scheme to defraud.
Morro voluntarily surrendered to authorities and pleaded guilty to one count of conspiracy to commit bank fraud.
See Also: Binance Faces App Removal In The Philippines Over Regulatory Issues
He has been released on his own recognizance until a sentencing hearing scheduled for Aug. 1. Justice Department officials included an order of forfeiture related to the illicit assets in the OneCoin case.
Reports suggested that Morro was connected to Gilbert Armenta, the boyfriend of OneCoin founder Ruja Ignatova.
Armenta was sentenced to five years in prison in 2023 for his role in laundering roughly $300 million related to the OneCoin scheme. Morro is listed as a managing partner of the InterAmerican Group and a board member of AEE Power.
What information prompted U.S. officials to bring a superseding indictment against Morro roughly eight years after his alleged fraudulent actions is unclear.
The Justice Department has charged several individuals for their roles in the OneCoin scheme, including lawyer Mark Scott, former head of legal and compliance Irina Dilkinska, and co-founder Karl Sebastian Greenwood.
Ignatova, also known as the ‘CryptoQueen,’ has been charged in the U.S. but remained at large at the time of publication. She is currently on the FBI’s list of the ten most wanted fugitives.
According to the April 23 filings, Morro retained Mark Cohen and Jonathan Abernethy of the law firm Cohen and Gresser.
Cohen famously represented Sam Bankman-Fried during his 2023 criminal trial, in which the former FTX CEO was convicted of seven felony counts and later sentenced to 25 years in prison.
Founded in 2014, OneCoin was exposed as a fraudulent crypto scheme in 2015, defrauding investors out of roughly $4 billion. In Morro’s case, a charge of conspiracy to commit bank fraud could carry a sentence of up to 30 years in prison.
#Binance #WRITE2EARN
The post US Authorities Arrest And Charge William Morro, A New Figure In Onecoin Scheme appeared first on BitcoinWorld.
Binance Faces App Removal in the Philippines Over Regulatory Issues
The Philippines Securities and Exchange Commission (SEC) said it is working with Google and Apple to remove the Binance app from their app marketplaces for Filipino users, according to an April 23 statement.
The regulator said:
“In separate letters addressed to Google and Apple dated April 19, the SEC has requested for the removal of applications controlled by Binance.com from Google Play Store and the Apple App Store, respectively.”
In the letter, Emilio B. Aquino, the SEC chair, emphasized that removing Binance apps from the marketplaces would help thwart the further spread of its illicit activities in the country.
See Also: Philippines SEC Bans Binance, Affects Filipino Crypto Users
According to the regulatory chief, Binance’s “sale or offer of unregistered securities to Filipinos and operating as an unregistered broker constitutes a violation of Republic Act no. 8799, or The Securities Regulation Code.”
Recurrent Warnings
Since November 2023, the SEC has persistently cautioned the public against utilizing Binance for investment, citing its lack of a license to solicit investments or operate a securities exchange.
Last month, the SEC and the National Telecommunications Commission (NTC) jointly blocked access to Binance websites, highlighting the need to “safeguard the public from unregistered investment products.”
Consequently, the regulator urged Google and Meta to cease Binance-related advertisements targeting Filipino users.
Regulatory Issues
Binance is under intense scrutiny across multiple jurisdictions, including the United States, the UK, Nigeria, and various European nations.
Last year, a culmination of investigations by federal agencies in the United States, such as the Department of Justice and the Commodity Futures Trading Commission (CFTC), resulted in a substantial $4 billion settlement with Binance.
This settlement also prompted the resignation of its co-founder, Changpeng Zhao, from the position of CEO.
More recently, Binance has been entangled in a legal dispute with Nigerian authorities regarding its failure to register and accusations of tax evasion.
Despite these hurdles, Binance has notched notable victories in navigating regulatory landscapes.
See Also: Philippines SEC Declares Binance A ‘Threat’, Imposed Restrictions On Philippine Users
It has recently secured significant regulatory approvals in India and Dubai, indicating progress in its efforts to comply with legal requirements in key markets.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post Binance Faces App Removal In The Philippines Over Regulatory Issues appeared first on BitcoinWorld.
The regulator said:
“In separate letters addressed to Google and Apple dated April 19, the SEC has requested for the removal of applications controlled by Binance.com from Google Play Store and the Apple App Store, respectively.”
In the letter, Emilio B. Aquino, the SEC chair, emphasized that removing Binance apps from the marketplaces would help thwart the further spread of its illicit activities in the country.
See Also: Philippines SEC Bans Binance, Affects Filipino Crypto Users
According to the regulatory chief, Binance’s “sale or offer of unregistered securities to Filipinos and operating as an unregistered broker constitutes a violation of Republic Act no. 8799, or The Securities Regulation Code.”
Recurrent Warnings
Since November 2023, the SEC has persistently cautioned the public against utilizing Binance for investment, citing its lack of a license to solicit investments or operate a securities exchange.
Last month, the SEC and the National Telecommunications Commission (NTC) jointly blocked access to Binance websites, highlighting the need to “safeguard the public from unregistered investment products.”
Consequently, the regulator urged Google and Meta to cease Binance-related advertisements targeting Filipino users.
Regulatory Issues
Binance is under intense scrutiny across multiple jurisdictions, including the United States, the UK, Nigeria, and various European nations.
Last year, a culmination of investigations by federal agencies in the United States, such as the Department of Justice and the Commodity Futures Trading Commission (CFTC), resulted in a substantial $4 billion settlement with Binance.
This settlement also prompted the resignation of its co-founder, Changpeng Zhao, from the position of CEO.
More recently, Binance has been entangled in a legal dispute with Nigerian authorities regarding its failure to register and accusations of tax evasion.
Despite these hurdles, Binance has notched notable victories in navigating regulatory landscapes.
See Also: Philippines SEC Declares Binance A ‘Threat’, Imposed Restrictions On Philippine Users
It has recently secured significant regulatory approvals in India and Dubai, indicating progress in its efforts to comply with legal requirements in key markets.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post Binance Faces App Removal In The Philippines Over Regulatory Issues appeared first on BitcoinWorld.
BNB Price Reclaims $600 and Bulls Could Now Aim for New 2024 High
BNB price is attempting a fresh increase from the $550 zone, the price cleared the $600 resistance and might extend its increase above $630.
BNB price started a fresh increase after it cleared the $550 resistance zone.
The price is now trading above $580 and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support at $592 on the 4-hour chart of the BNB/USD pair (data source from Binance).
The pair could gain bullish momentum if it clears the $608-$610 resistance zone.
BNB Price Gains Strength
After forming a base above the $520 level, BNB price started a fresh increase. There was a steady increase above the $550 and $565 resistance levels, like Ethereum and Bitcoin.
BNB Price Chart | Source: Coinstats
The bulls pushed the price above the $580 pivot level and the 61.8% Fib retracement level of the downward wave from the $630 swing high to the $512 low.
More importantly, the price is now trading above $580 and the 100 simple moving average (4 hours).
It is consolidating just above the 76.4% Fib retracement level of the downward wave from the $630 swing high to the $512 low.
There is also a key bullish trend line forming with support at $592 on the 4-hour chart of the BNB/USD pair.
See Also: Cardano (ADA) Price Analysis: Bulls Aim Steady Increase
Immediate resistance is near the $608 level. The next resistance sits near the $630 level. A clear move above the $630 zone could send the price further higher. In the stated case, BNB price could test $650.
A close above the $650 resistance might set the pace for a larger increase toward the $680 resistance. Any more gains might call for a test of the $720 level in the coming days.
Are Dips Supported?
If BNB fails to clear the $608 resistance, it could start a downside correction. Initial support on the downside is near the $592 level and the trend line.
The next major support is near the $585 level. The main support sits at $570. If there is a downside break below the $570 support, the price could drop toward the $550 support. Any more losses could initiate a larger decline toward the $532 level.
Technical Indicators
4-Hours MACD – The MACD for BNB/USD is gaining pace in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level.
Major Support Levels – $592, $585, and $570.
Major Resistance Levels – $608, $630, and $650.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post BNB Price Reclaims $600 and Bulls Could Now Aim For New 2024 High appeared first on BitcoinWorld.
BNB price started a fresh increase after it cleared the $550 resistance zone.
The price is now trading above $580 and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support at $592 on the 4-hour chart of the BNB/USD pair (data source from Binance).
The pair could gain bullish momentum if it clears the $608-$610 resistance zone.
BNB Price Gains Strength
After forming a base above the $520 level, BNB price started a fresh increase. There was a steady increase above the $550 and $565 resistance levels, like Ethereum and Bitcoin.
BNB Price Chart | Source: Coinstats
The bulls pushed the price above the $580 pivot level and the 61.8% Fib retracement level of the downward wave from the $630 swing high to the $512 low.
More importantly, the price is now trading above $580 and the 100 simple moving average (4 hours).
It is consolidating just above the 76.4% Fib retracement level of the downward wave from the $630 swing high to the $512 low.
There is also a key bullish trend line forming with support at $592 on the 4-hour chart of the BNB/USD pair.
See Also: Cardano (ADA) Price Analysis: Bulls Aim Steady Increase
Immediate resistance is near the $608 level. The next resistance sits near the $630 level. A clear move above the $630 zone could send the price further higher. In the stated case, BNB price could test $650.
A close above the $650 resistance might set the pace for a larger increase toward the $680 resistance. Any more gains might call for a test of the $720 level in the coming days.
Are Dips Supported?
If BNB fails to clear the $608 resistance, it could start a downside correction. Initial support on the downside is near the $592 level and the trend line.
The next major support is near the $585 level. The main support sits at $570. If there is a downside break below the $570 support, the price could drop toward the $550 support. Any more losses could initiate a larger decline toward the $532 level.
Technical Indicators
4-Hours MACD – The MACD for BNB/USD is gaining pace in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level.
Major Support Levels – $592, $585, and $570.
Major Resistance Levels – $608, $630, and $650.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post BNB Price Reclaims $600 and Bulls Could Now Aim For New 2024 High appeared first on BitcoinWorld.
Magic Square SQR Listed on ProBit Global Exchange, Offers Access to Web3 Projects
Magic Square’s SQR token starts trading on the ProBit Global exchange.
The platform introduces gamified rewards and user validation for project transparency.
Investors can explore a curated Web3 app store and earn rewards through the Magic Boost affiliate program.
Magic Square (SQR), a decentralized platform designed to connect users with top-tier Web3 projects, has officially been listed on the leading crypto exchange ProBit Global.
Notably, Magic Square enriches the investment journey in Web3 by enabling users from diverse backgrounds to explore their next ventures with assurance and ease.
Part of Magic Square’s offering is Magic Store, a pioneering Web3 app store empowering users to discover, explore, and engage with meticulously vetted Web3 apps and games.
Moreover, Magic Square introduces a feature allowing users to vote and validate new projects, assigning them a trust score akin to traditional review platforms.
According to the Magic Square team, this inclusive voting system fosters transparency in the platform’s project listing process.
See Also: $60 Million USDT Already Issued on TON, Making it 11th Largest Blockchain for Tether
Furthermore, Magic Square allows users to earn rewards through its Magic Boost affiliate program. Participants receive Karma points that can be redeemed for tangible rewards in the future.
Users can accrue Karma points by performing various simple actions, such as claiming rewards, voting, signing up, and logging in daily. This gamified reward system incentivizes user engagement to ensure ongoing interest and continuous participant benefits.
Additionally, Magic Square’s SQR tokens serve as the cornerstone of its ecosystem. Members can use SQR tokens to unlock access to exclusive offers, airdrops, and raffle tickets.
Moreover, Magic Square offers a Magic Membership program featuring tier-based subscriptions ranging from Basic, Plus, and Premium to Premium Plus tiers, each with distinct rewards.
For instance, Premium tier members enjoy elevated Karma point multipliers, leading to more points for redeeming rewards. Conversely, premium tiers receive prioritized access to higher commission bonuses and exclusive airdrops compared to lower tiers.
Ultimately, the Magic Square team believes SQR’s listing on ProBit Global offers users a fresh avenue for discovering Web3 apps.
They urged crypto market participants to explore Magic Square’s listing on ProBit Global and join their trading competition to earn exciting rewards.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post Magic Square SQR Listed On ProBit Global Exchange, Offers Access to Web3 Projects appeared first on BitcoinWorld.
The platform introduces gamified rewards and user validation for project transparency.
Investors can explore a curated Web3 app store and earn rewards through the Magic Boost affiliate program.
Magic Square (SQR), a decentralized platform designed to connect users with top-tier Web3 projects, has officially been listed on the leading crypto exchange ProBit Global.
Notably, Magic Square enriches the investment journey in Web3 by enabling users from diverse backgrounds to explore their next ventures with assurance and ease.
Part of Magic Square’s offering is Magic Store, a pioneering Web3 app store empowering users to discover, explore, and engage with meticulously vetted Web3 apps and games.
Moreover, Magic Square introduces a feature allowing users to vote and validate new projects, assigning them a trust score akin to traditional review platforms.
According to the Magic Square team, this inclusive voting system fosters transparency in the platform’s project listing process.
See Also: $60 Million USDT Already Issued on TON, Making it 11th Largest Blockchain for Tether
Furthermore, Magic Square allows users to earn rewards through its Magic Boost affiliate program. Participants receive Karma points that can be redeemed for tangible rewards in the future.
Users can accrue Karma points by performing various simple actions, such as claiming rewards, voting, signing up, and logging in daily. This gamified reward system incentivizes user engagement to ensure ongoing interest and continuous participant benefits.
Additionally, Magic Square’s SQR tokens serve as the cornerstone of its ecosystem. Members can use SQR tokens to unlock access to exclusive offers, airdrops, and raffle tickets.
Moreover, Magic Square offers a Magic Membership program featuring tier-based subscriptions ranging from Basic, Plus, and Premium to Premium Plus tiers, each with distinct rewards.
For instance, Premium tier members enjoy elevated Karma point multipliers, leading to more points for redeeming rewards. Conversely, premium tiers receive prioritized access to higher commission bonuses and exclusive airdrops compared to lower tiers.
Ultimately, the Magic Square team believes SQR’s listing on ProBit Global offers users a fresh avenue for discovering Web3 apps.
They urged crypto market participants to explore Magic Square’s listing on ProBit Global and join their trading competition to earn exciting rewards.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post Magic Square SQR Listed On ProBit Global Exchange, Offers Access to Web3 Projects appeared first on BitcoinWorld.
Investors Eyeing Potential BEFE Coin Price Surge
With Bitcoin halving over, smart investors are now on the search for a crypto project to invest in for future gains. BEFE is topping the list everywhere as the most added meme coin to investors’ watchlists. This is because of the growing popularity of BEFE as a crypto asset to grow any investment into many times the initial investment. Early investors have grown their investment by over 20,000% since it launched a few months earlier. Now that many investors are getting interested in the BEFE meme coin, we might be seeing better growth than those that earlier investors have gotten so far.
But, with this coming growth in the BEFE price can you still get in on the project? Yes! Now is the time to get started with BEFE. As the meme coin keeps getting attention, the price can only be expected to keep growing, so any further delay might make you miss out on the perfect entry.
In case you’re still confused why this looks like the perfect entry for every investor, come closer, there is a lot to learn about BEFE.
Identifying BEFE’s Current Anti-Pareto Price Range
Before we go too deep, let’s first understand the meaning of the anti-pareto range. The Pareto principle or effect is a situation where profit is stripped off the poor to give to the rich. Now to make that make sense with the current price of BEFE, it means that at this current price range, that kind of principle can not come into play.
The current price of BEFE is considered an anti-pareto range because it supports both the large investors (called whales) and the smaller capital investors. At this current level, everyone is in a position where they can always make high profits regardless of how small the investment is. A $100 investment will get rewards accordingly as a bigger investment will do.
The baseline here is that everyone can afford to invest in BEFE right now with an equal opportunity for profit.
A Future Surge from the Community Expansion
The BEFE community is growing better than other meme coins right now, and with the factor causing the growth, we can expect the community to keep growing. This is primarily motivated by the BEFE development team that takes community engagement seriously. The current work rate of the BEFE community has never been seen anywhere else on the Blockchain.
The expectations of most speculators are growing with the BEFE coin community growth. At this point, a price surge is imminent any moment from now.
Start investing now! Check the BEFE page for more.
The post Investors Eyeing Potential BEFE Coin Price Surge appeared first on BitcoinWorld.
But, with this coming growth in the BEFE price can you still get in on the project? Yes! Now is the time to get started with BEFE. As the meme coin keeps getting attention, the price can only be expected to keep growing, so any further delay might make you miss out on the perfect entry.
In case you’re still confused why this looks like the perfect entry for every investor, come closer, there is a lot to learn about BEFE.
Identifying BEFE’s Current Anti-Pareto Price Range
Before we go too deep, let’s first understand the meaning of the anti-pareto range. The Pareto principle or effect is a situation where profit is stripped off the poor to give to the rich. Now to make that make sense with the current price of BEFE, it means that at this current price range, that kind of principle can not come into play.
The current price of BEFE is considered an anti-pareto range because it supports both the large investors (called whales) and the smaller capital investors. At this current level, everyone is in a position where they can always make high profits regardless of how small the investment is. A $100 investment will get rewards accordingly as a bigger investment will do.
The baseline here is that everyone can afford to invest in BEFE right now with an equal opportunity for profit.
A Future Surge from the Community Expansion
The BEFE community is growing better than other meme coins right now, and with the factor causing the growth, we can expect the community to keep growing. This is primarily motivated by the BEFE development team that takes community engagement seriously. The current work rate of the BEFE community has never been seen anywhere else on the Blockchain.
The expectations of most speculators are growing with the BEFE coin community growth. At this point, a price surge is imminent any moment from now.
Start investing now! Check the BEFE page for more.
The post Investors Eyeing Potential BEFE Coin Price Surge appeared first on BitcoinWorld.
What’s Driving the Potential Increase in Bitgert Coin Price?
Bitgert coin has encountered a remarkable degree of development attributable to the expansion sought after by financial backers in the crypto ecosystem.
These superb offerings satisfying investors has left the worth of the coin soaring, working in accordance with the standards of interest and supply directing finance.
The development accomplished has been very surprising and unforeseen, and this has passed on many individuals to ponder the potential purposes behind this.
Basic exploration directed by a few analysts uncovered specific triggers as a huge supporter of this development.
Bitgert’s Top Effectiveness, Triggering A Surge In Price
Financial backers look for stages that permit them to complete their particular exchanges at a productive level. Bitgert makes this a guarantee. Bitgert has been successful in achieving this efficiency thanks to its impressive solutions to investor issues.
Because it is based on the PoA mechanism, Bitgert can guarantee investors a consistent, rapid transaction process, no matter how large it may be. This is fulfilling to any client looking for the best insight and has drawn in additional clients to Bitgert with it resulting in a soaring price.
In addition to being scalable, the mechanism provides Bitgert with additional security, ensuring investors a secure ecosystem. By ensuring this, financial backers see Bitgert as a significant opportunity and this has expectedly expanded demand for it and triggered a rise in price.
How Bitgert Forcefully Burns Coin Leading To Soaring Value
Bitgert method of activity is one variable that cleans it off of other crypto projects existing. It has seen the need to make shortage in the rising interest and this need was met by the reception of a forceful burn strategy.
This permits the trillions of tokens available for use to be reduced which thus diminishes the supply available for use. The perfect conditions exist for the rise in demand to have an effect on the price value because of this reduction in supply. Bitgert accomplished this magnificently as it set off the great upswing as of late experienced by the coin.
The strategy will in any case be kept up with by Bitgert allowing an opportunity for additional upturn by the coin.
Cost Effective Nature Of Bitgert Boosting Price
One remarkable feature that has naturally drawn investors to Bitgert is its ability to eliminate gas fees, which has given its price the necessary boost to the top this month.
Investors used to be discouraged from getting the best crypto experience by difficulties caused by gas fee issues; however, with Bitgert, investors can comfortably access features without worrying about these issues caused by gas fees.
Since the gas expense is free, it has consistently captivated more financial backers to obtain Bitgert, normally expanding demand which emphatically impacts the value of the coin positively.
Conclusion
Because it has distinctive features that fill in the gaps left by other projects, Bitgert exchange performs better than others. This has resulted in an increase in Bitgert’s value. Even though what lies ahead appears promising, financial backers should regularly direct examination. Here, look into Bitgert.
The post What’s Driving the Potential Increase in Bitgert Coin Price? appeared first on BitcoinWorld.
These superb offerings satisfying investors has left the worth of the coin soaring, working in accordance with the standards of interest and supply directing finance.
The development accomplished has been very surprising and unforeseen, and this has passed on many individuals to ponder the potential purposes behind this.
Basic exploration directed by a few analysts uncovered specific triggers as a huge supporter of this development.
Bitgert’s Top Effectiveness, Triggering A Surge In Price
Financial backers look for stages that permit them to complete their particular exchanges at a productive level. Bitgert makes this a guarantee. Bitgert has been successful in achieving this efficiency thanks to its impressive solutions to investor issues.
Because it is based on the PoA mechanism, Bitgert can guarantee investors a consistent, rapid transaction process, no matter how large it may be. This is fulfilling to any client looking for the best insight and has drawn in additional clients to Bitgert with it resulting in a soaring price.
In addition to being scalable, the mechanism provides Bitgert with additional security, ensuring investors a secure ecosystem. By ensuring this, financial backers see Bitgert as a significant opportunity and this has expectedly expanded demand for it and triggered a rise in price.
How Bitgert Forcefully Burns Coin Leading To Soaring Value
Bitgert method of activity is one variable that cleans it off of other crypto projects existing. It has seen the need to make shortage in the rising interest and this need was met by the reception of a forceful burn strategy.
This permits the trillions of tokens available for use to be reduced which thus diminishes the supply available for use. The perfect conditions exist for the rise in demand to have an effect on the price value because of this reduction in supply. Bitgert accomplished this magnificently as it set off the great upswing as of late experienced by the coin.
The strategy will in any case be kept up with by Bitgert allowing an opportunity for additional upturn by the coin.
Cost Effective Nature Of Bitgert Boosting Price
One remarkable feature that has naturally drawn investors to Bitgert is its ability to eliminate gas fees, which has given its price the necessary boost to the top this month.
Investors used to be discouraged from getting the best crypto experience by difficulties caused by gas fee issues; however, with Bitgert, investors can comfortably access features without worrying about these issues caused by gas fees.
Since the gas expense is free, it has consistently captivated more financial backers to obtain Bitgert, normally expanding demand which emphatically impacts the value of the coin positively.
Conclusion
Because it has distinctive features that fill in the gaps left by other projects, Bitgert exchange performs better than others. This has resulted in an increase in Bitgert’s value. Even though what lies ahead appears promising, financial backers should regularly direct examination. Here, look into Bitgert.
The post What’s Driving the Potential Increase in Bitgert Coin Price? appeared first on BitcoinWorld.
Solana Meme Coin Investors Lose Millions in Abandoned Projects
Several meme coin projects on Solana have been rugged over the past month, leading to investors losing a staggering $26.7 million.
Solana founders have issued repeated warnings to users to discourage them from investing in such projects. However, even established influencers are participating in such activities and looking to scam users.
A Slew Of Abandoned Projects
Solana is known for its high-speed blockchain network. Lately, it has been in the news for an entirely different reason, with the network being at the heart of an unprecedented meme coin frenzy.
The meme coin frenzy saw several successful projects, allowing a lucky few to become millionaires overnight. This also saw Solana outperform Ethereum when it came to network activity.
However, many criticized the meme coin mania for not bringing enough utility to the network and causing significant congestion.
See Also: ZachXBT Exposed 12 Abandoned Solana Presale Meme Coin Projects
Additionally, the surge in meme coin projects also saw opportunistic scammers steal over $26 million from investors through rugged presales.
Crypto detective ZachXBT has unearthed an alarming situation and took to social media platform X to issue a warning to investors, highlighting the staggering losses made by investors.
“Only 1 month has passed, and 12 of the Solana presale meme coins have been completely abandoned after raising >180,650 SOL ($26.7M). This staggering figure highlights the magnitude of the issue, with numerous projects failing to deliver on their promises after raising significant amounts of SOL.”
He also published a list of founders, urging users to avoid any projects launched by them.
Projects Succumbing To Rug Pulls
ZachXBT’s investigation highlighted the scale of the problem faced by investors. Back in March, the crypto detective had stated,
“SOL raised is up to >796,000 SOL ($149.2M) from 33 presales. Despite the substantial funds raised, many of these projects have succumbed to rug pulls, leaving investors empty-handed.”
He stated that he would avoid such projects and urged the larger crypto community to do the same. ZachXBT gave an example of a meme coin called URF, promoted by Bryce Hall, a popular influencer.
He stated that URF managed to raise 2400 SOL, valued at around $450,000 during its presale. However, the team behind the meme coin disappeared hours after launch, with their social media handles rendered inactive.
“The team disappeared less than 24 hrs after launch, and social media accounts have had zero activity since March 26.”
ZachXBT noted that instead of fulfilling their obligations to investors, the URF team used the presale funds to trade meme coins, further increasing investors’ losses.
Such incidents have also raised alarm in the crypto community regarding the lack of transparency and accountability in meme coin presales on Solana.
Solana Co-Founders Caution Investors
Solana co-founders Anatoly Yakovenko and Raj Gokal have repeatedly warned investors not to invest in random Solana meme coin presales.
ZachXBT’s investigations have also revealed that the LIKE meme coin presale on Solana led to the biggest loss for investors, as they lost around 52,220 SOL, worth around $8.10 million at current prices.
Another meme coin, RockyXBT’s MOONKE, led to a loss of 37,470 SOL, equal to around $5.81 million at current prices.
A further 10 meme coin presales on the Solana blockchain have led to investors losing around 90,961 SOL, worth $14.1 million. ZachXBT also noted that most of these meme coins had not even released a proper whitepaper.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Binance #WRITE2EARN
The post Solana Meme Coin Investors Lose Millions In Abandoned Projects appeared first on BitcoinWorld.
Solana founders have issued repeated warnings to users to discourage them from investing in such projects. However, even established influencers are participating in such activities and looking to scam users.
A Slew Of Abandoned Projects
Solana is known for its high-speed blockchain network. Lately, it has been in the news for an entirely different reason, with the network being at the heart of an unprecedented meme coin frenzy.
The meme coin frenzy saw several successful projects, allowing a lucky few to become millionaires overnight. This also saw Solana outperform Ethereum when it came to network activity.
However, many criticized the meme coin mania for not bringing enough utility to the network and causing significant congestion.
See Also: ZachXBT Exposed 12 Abandoned Solana Presale Meme Coin Projects
Additionally, the surge in meme coin projects also saw opportunistic scammers steal over $26 million from investors through rugged presales.
Crypto detective ZachXBT has unearthed an alarming situation and took to social media platform X to issue a warning to investors, highlighting the staggering losses made by investors.
“Only 1 month has passed, and 12 of the Solana presale meme coins have been completely abandoned after raising >180,650 SOL ($26.7M). This staggering figure highlights the magnitude of the issue, with numerous projects failing to deliver on their promises after raising significant amounts of SOL.”
He also published a list of founders, urging users to avoid any projects launched by them.
Projects Succumbing To Rug Pulls
ZachXBT’s investigation highlighted the scale of the problem faced by investors. Back in March, the crypto detective had stated,
“SOL raised is up to >796,000 SOL ($149.2M) from 33 presales. Despite the substantial funds raised, many of these projects have succumbed to rug pulls, leaving investors empty-handed.”
He stated that he would avoid such projects and urged the larger crypto community to do the same. ZachXBT gave an example of a meme coin called URF, promoted by Bryce Hall, a popular influencer.
He stated that URF managed to raise 2400 SOL, valued at around $450,000 during its presale. However, the team behind the meme coin disappeared hours after launch, with their social media handles rendered inactive.
“The team disappeared less than 24 hrs after launch, and social media accounts have had zero activity since March 26.”
ZachXBT noted that instead of fulfilling their obligations to investors, the URF team used the presale funds to trade meme coins, further increasing investors’ losses.
Such incidents have also raised alarm in the crypto community regarding the lack of transparency and accountability in meme coin presales on Solana.
Solana Co-Founders Caution Investors
Solana co-founders Anatoly Yakovenko and Raj Gokal have repeatedly warned investors not to invest in random Solana meme coin presales.
ZachXBT’s investigations have also revealed that the LIKE meme coin presale on Solana led to the biggest loss for investors, as they lost around 52,220 SOL, worth around $8.10 million at current prices.
Another meme coin, RockyXBT’s MOONKE, led to a loss of 37,470 SOL, equal to around $5.81 million at current prices.
A further 10 meme coin presales on the Solana blockchain have led to investors losing around 90,961 SOL, worth $14.1 million. ZachXBT also noted that most of these meme coins had not even released a proper whitepaper.
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